Credit Rating Agencies
a: Cohabitation ~
b: getting a 0 percent interest credit card
What: "It's like signing up for a credit card with 0 percent interest. At the end of 12 months when the interest goes up to 23 percent you feel stuck because your balance is too high to pay off. In fact, cohabitation can be exactly like that. In behavioral economics, it's called consumer lock-in."
Useful?
Writer: MEG JAY
LCC:
Where:
Date: Apr 16 2012 4:11 PM
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