Preferred language style: English (U.S.)

Please read problem 11 about credit cards and the kinds of debt being incurred by consumers these days, and answer the following questions:

Are banks acting in a responsible fashion with their solicitations of consumers for credit cards and increases in credit card lines? What responsibility do consumers have with regard to credit card debt?

What disclosure rules apply in banks? solicitations of credit card customers?

What should the banks do to influence legislation?