Considering the credit industry analysis, the marketing tactics that the credit industry uses to trick people into getting into debt include offering lower introductory APR rates.
Other marketing tactics that the credit industry uses to trick people into getting into debt include the following:
- Appealing to people's social conscience
- Incentives and rewards
- Encouraging youth culture
- Using celebrity personality as ambassador
- Creating points that don’t provide strong merchandise choice
- Promoting the desire to spend money on your family.
Hence, in this case, it is concluded that there are various ways in which the credit industry tricks people into debts.
Learn more about the credit industry here: https://brainly.com/question/19986579
