PBS FRONTLINE: The Secret History of the Credit Card (2004)

The average American family today carries 8 credit cards. Credit card debt and personal bankruptcies are now at an all time high. With no legal limit on the amount of interest or fees that can be charged, credit cards have become the most profitable sector of the American banking industry: more than $30 billion in profits last year alone. FRONTLINE examines how the credit card industry became so pervasive, so lucrative, and so powerful.

IF YOU'RE EXPERIENCING PROBLEMS WITH THE VIDEO ABOVE, WATCH THE FILM FOR FREE AT THE OFFICIAL PBS WEBSITE

SUPPORT INDY MEDIA
Appreciate our work to amplify independent voices? Join us as a $5/month patron. Subscribe here.
Economics Explore All
Call Outs, Canceling, Shaming and More: Activist Tactics That Need a 2nd Look
Trending Videos Explore All
Trending Articles Explore All
Recent Documentaries Explore All
Video Deep Dives Explore All
What People Are Watching Now
New Member Submissions
Recently Added
Support independent media that amplifies real voices and movements. 



Subscribe for $5/month to become a patron and watch over 50 patron-exclusive documentaries.

Share this: