Secret History of the Credit Card

Films for the Humanities & Sciences (Firm) (Added Author). Films Media Group (Added Author). Public Broadcasting Service (U.S.) (Added Author).

Summary: 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

Record details

Physical Description: 1 streaming video file (60 min.) : sd., col., digital file.
remote
electronic resource (video)
Publisher: New York, N.Y. : Films Media Group, [2011], c2004.

Content descriptions

General Note:	Encoded with permission for digital streaming by Films Media Group on August 21, 2011. Films on Demand is distributed by Films Media Group for Films for the Humanities & Sciences, Cambridge Educational, Meridian Education, and Shopware.
Formatted Contents Note:	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)
Restrictions on Access Note:	Access requires authentication through Films on Demand.
Target Audience Note:	9 & up.
System Details Note:	Mode of access: Internet. System requirements: FOD playback platform.
Source of Description Note:	Title from distributor's description.