What the Credit Card Companies Don't Want You to Know
What the Credit Card Companies Don’t Want You to Know
Most of us are accustom of using our credit cards to pay for just about every type of purchase regardless of how small the amount El paso area condos is.
Watch this award winning FRONTLINE special report entitled “Secret History of the Credit Card” and you might think twice before using your credit card next time. http://www.pbs.org/wgbh/pages/frontline/shows/credit/view/
Even if you make your credit card payments on time, the credit card bank can raise your interest rate automatically if you’re late on payments elsewhere — such as on another
credit card or on a phone, car, or house payment — or simply because the bank Garland City homes feels you have taken on too Nokia 5320 much debt. This practice is called the “universal default” clause and increasingly is becoming a standard clause in credit card agreements.
FRONTLINE® and The New York Times join forces to investigate an industry few Americans fully understand. http://www.pbs.org/wgbh/pages/frontline/shows/credit/eight/ In this one-hour report, correspondent Lowell Bergman uncovers the techniques used by the industry to earn toshiba ноутбуки record profits and get consumers to take on more debt.
“The almost magical convenience of plastic money is critical to our Компьютерная периферия famously compulsive consumer economy,” Bergman says. “With more than 641 million credit Джусер Фит Ровно cards in circulation and accounting for an estimated $1.5 trillion of consumer spending, the U.S. economy has clearly gone plastic.”
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