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America's Credit History

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Uploaded by on Dec 28, 2008

Initially credit cards were meant to build consumer loyalty but they quickly became the banks' most profitable product.

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News & Politics

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Standard YouTube License

  • likes, 2 dislikes

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All Comments (8)

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  • Man! I have had 2 credit cards and lost my job. The intrest rate SHOT UP and im gonna let them take me to court. I really didn't need the cards and I will never fall for them again! easy money is evil! when you have a credit card you spend money like water, but it is harder to pay it back.

    Oh well, those fuckers can try as hard as they want, they wont get a penny!

    default!

    after that its cash only for me!

  • Agree... Credit cards are a fucking madness.

  • facking corrupt companies.

    Sorry to say...but your an idiot if you sign up for a credit card...23% interest for what???..Its not like you get a prize...

  • Sorry to hear that...gn0m1k [A Horrible situation no doubt- we all know folks like that.]

    But...

    My comment was about this video and the CBS constant choice to either cause a panic or use a more mellow approach to an obviously important issue.

  • 4th comment woot

  • fuck you! two of my friends died chosing to take a rather light hearted approach.

  • Hmmm...I guess they chose to take a rather light hearted approach.

  • i am broke......!!!!!!

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