Frontline: Secret History of the Credit Card

STREAM

You must be logged in and have a valid library card to stream downloadable content

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
No Regulations on Credit Card Industry (1:23)
Interest Rates Cap (2:41)
Deregulation of Interest Rates (3:55)
Profitability of Credit Card Business (1:23)
Credit Cards and Interest (3:45)
Credit Card Debt (3:01)
Bankruptcy (1:05)
Credit Card Solicitations (4:41)
Credit Scores (2:35)
Credit Card Contracts (4:07)
Banks vs. Borrowers (3:36)
Fee Income (3:39)
The Case of Providian Bank (2:47)
Consumer Protection vs. OCC (2:16)
Federal Agency vs. American Consumers (4:01)
Profitability of Minimum Monthly Payments (3:43)
Senator Dodd's Bill to Protect Consumers (3:22)
When It All Started (1:56)
Credits: 'Secret History of the Credit Card' (1:40)

COMMUNITY REVIEWS

No community reviews. Write one below!