Ineed with this as fast as you can ill give 30 points .

write a second paragraph that explains whether you think the federal government should be allowed to use credit. remember, people debate this topic often so there is no clear right or wrong answer. the important thing is to support your claim with facts from the lesson. include at least three reasons for your opinion.

Each time the government steps in to regulate, consumer prices quickly increase. Let the free market regulate industry. Any unethical company is shunned by consumers. At the same time, credit card issuers are in business to make a profit. High risk credit card holders reduce the issuer's profit. If high risk users want to use credit cards, it is fair that they be required to pay more. In the insurance industry, drivers convicted of drunk driving must pay higher premiums, while smokers pay higher life insurance premiums. Let the deadbeats pay higher credit card interest rates.

CC companies basically restrict all the ways for you to earn credit to only giving them money in interest. If I pay off my debts, that should show I have good credit and am trustworthy. The market is not regulating itself beyond coming up with figures for maximum profit without completely shunning consumers. And there is no choice in the matter for consumers because all 3 companies run the same. Why should my credit suffer if I want to shop around for a credit card, even if I'm keeping the ones I have? Why should I be hurt for looking for a loan from several providers? There are ways around exposing yourself to credit backlash, but it's nearly impossible for the 

Economics show us that the more open and unregulated a market is, the more money will be spent on investment in it and the better it will thrive. History has also shown that unpopular products won't last so if consumers avoid using credit cards that use unethical rate plans, those cards will eventually leave the market.average person to stay on top of it all. I have excellent credit but just because I can play the game doesn't mean I like the rules.

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