Credit Card Offers Target Less-Educated Consumers With More Shrouded and Back-Loaded Fees

Courtesy of Hong Ru and Antoinette Schoar Eye-catching credit card mailers that fill every household’s mailbox have become as American as baseball and apple pie. In 2016, credit card companies mailed out 4.6 billion pieces of credit card advertisement that came with colorful envelopes and intriguing features. The wide variety of offers provides consumers with […]