The debt trap
The problem with manufactured spending isn’t that it’s illegal – it isn’t. Nor do I believe it’s unethical – credit card issuers bleed the very life out of millions of consumers every day in the form of interest charges and miscellaneous fees. Getting something back is fair. No, the problem isn’t that manufactured spending is wrong. It is that most consumers cannot avoid falling into a debt trap when they start using credit cards. Consumers with credit card debt tend to find it very easy to add more purchases to their existing balance, and thus the never-ending cycle of debt lives on.