http://www.pbs.org/wgbh/pages/frontli... How much is your credit card really costing you? In this excerpt from The Card Game," former Providian Financial CEO Shailesh Mehta explains how the industry uses "stealth pricing" to confuse customers and drive up profits. Airs Tuesday, Nov. 24 at 9PM on PBS (check local listings).
As credit card companies face rising public anger, new regulation from Washington and a potential perfect storm of economic bad news, FRONTLINE correspondent Lowell Bergman (Secret History of the Credit Card, Black Money) examines the future of the massive consumer loan industry and its impact on a fragile national economy in The Card Game. A joint project with The New York Times, the film features industry insiders, lobbyists, politicians and consumer advocates as they square off over new regulation and the possible creation of a consumer finance protection agency.