"Even if you're preapproved for a credit card at a certain interest rate with a specific fee structure, it doesn't mean that that's the card you'll actually get.After the credit card company reviews your credit history and the facts you disclose in the application, you may be sent a card with less-favorable terms than the one originally offered to you."

1. Would you activate the new card before you looked closely at the terms?
2. Do you think this practice by credit card companies is ethical?Why or why not?

How will you use in choosing debt alternatives for your personal budget? real life example.