CREDIT CARD PROMOTION JOBS

In recent years, the use of credit cards and other forms of credit has increased
tremendously. The increase in borrowing has, in many cases, led to personal financial
problems such as personal bankruptcies and bad credit histories. Having a bad credit
history makes it more difficult and expensive for a person to make a loan later. Credit
problems arise because people borrow too much money without realizing the cost of
borrowing. In addition to having to repay the loan, the borrower also has to pay interest
on the loan. Interest is the cost of borrowing money and is calculated as a fixed fraction
of the total loan amount. Interest payments reduce the amount of money the borrower
can spend on other expenses.