Secret History of the Credit Card

Description

The average American family today carries 10 credit cards. With credit card debt and personal bankruptcies now at an all time high, this episode of Frontline examines how the credit card industry became so pervasive, so lucrative, and so powerful. The program investigates why there were no legal limits on the amount of interest or fees that can be charged and how credit cards have become the most profitable sector of the American banking industry, with more than

Runtime

60 min

Subjects

Geography

Genre

Date of Publication

[2011], c2004

Database

Films on Demand

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