The IRE website will be unavailable while we complete routine maintenance on Friday, November 19 from 8-10 am CT.
IRE favicon


Resource ID: #21781
Subject: Financial Investigations
Source: Frontline/New York Times Television
Date: November 23



Frontline/New York Times Television looks into how the credit card industry manages to increase their profits while average Americans increase their debts. The investigation reveals "tricks of the trade" which increase profits and hit consumers with late fees and penalties. The biggest "trick" of them all is universal default where, after monitoring the customer's financial activity, the companies raise that person's interest rate, based on whether or not they think the customer has become risky.

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   |   Privacy Policy
apartmentpenciluserscalendar-fullcrossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram