Url http://www.pbs.org/wgbh/pages/frontline/shows/credit/ Description FRONTLINE and The New York Times examine how the credit card industry has become so pervasive, lucrative and politically powerful. Random Quote The average American family today carries eight 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 and The New York Times examine how the credit card industry became so pervasive, so lucrative, and so politically powerful.
...and much more you probably don't banking industry executives, consumer advocates, and a federal regulator How much do you know about Americans' use of credit cards? "Credit Cards and Personal Responsibility," "The Rise of the Industry," "Your Credit Score," "When the Debt Collector Calls" and Keywords Credit Cards, Credit Card loans, Credit Card problems, Credit Card Debt, Interest Rates, Late Fees, Credit, Loans, South Dakota, Interest, Usury Category Money Management > Credit > Debit and Credit Cards Contact Name Email

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Other links at Money Management > Credit > Debit and Credit Cards

1. How Credit Cards Work

Explains the technology of credit cards and the different types of cards and plans available to consumers.
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Credit cards have an interesting history. Learn how a credit card works, from the magnetic stripe to how you can get rid of that high interest balance.
Search HowStuffWorks and the web Please copy/paste the following text to properly cite this HowStuffWorks article: "How Credit Cards Work." 27 November 2006. HowStuffWorks.com. <http://money.howstuffworks.com/personal-finance/debt-management/credit-card.htm> 01 March 2010. Have you ever

2. Credit Card Secrets

Article from Massachusetts Office of Consumer Affairs and Business Regulation gives advice to help consumers with tips that apply to any U.S. citizen.
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The Official Website of the Office of Consumer Affairs & Business Regulation (OCABR) Credit Card Secrets 1. Interest Backdating Most card issuers charge interest from the day a charge is posted to your account if you don't pay in full monthly. But, some charge interest from the date of
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3. Gold and Platinum Cards

Article from FTC that warns about hidden charges and fees.
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Protecting America's Consumers If you're looking for credit, be wary of some 'gold' or 'platinum' card offers promising to get you credit cards or improve your credit rating. While sounding like general-purpose credit cards, some 'gold' or 'platinum' cards permit you to buy merchandise only from
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