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Elizabeth Warren on the Credit Card Industry
Harvard Law Professor Elizabeth Warren is an expert on bankruptcy and is an outspoken critic of consumer lenders. Warren is also the author of The Two-Income Trap: Why Middle Class Mothers and Fathers Are Going Broke.
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•
0:00
The Big Costco Credit Card Switcheroo
As of Monday, Costco has officially moved on from its 16-year relationship with American Express and is now partnered with Visa.
Apple Takes A Swipe At The Credit Card
Apple wants to change the way you pay for things. Credit card companies are embracing its new mobile payment system as a boost to security, but analysts say Apple could disrupt the payments industry.
Citigroup To Issue Credit Cards In China
China used to require western banks to co-brand with Chinese operators. But now Citi can sell its own plastic, just as credit cards become more popular. Rising incomes are boosting consumer spending.
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•
1:01
Premium credit card fees are rising. For whom are these cards a good deal?
NPR's Ayesha Rascoe talks to Brian Kelly, founder of credit card and travel website "The Points Guy", about the rising fees in the premium credit card space.
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•
5:25
Advocate: Credit Card Companies Target Kids
Host Jennifer Ludden looks at how the credit card industry markets to teenagers. Legally, banks may not issue credit cards to minors, but solicitations for cards often go out to kids under 18. It seems the card issuers are counting on parents to bail their kids out when they overcharge.
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•
0:00
Credit Card Companies Woo Teens with Plastic
Credit card companies are targeting children as young as 13 with products that allow them to pay with plastic instead of cash. Parents can monitor their children's spending habits, but there are potential pitfalls if users aren't careful.
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0:00
How They Get You: 'History of the Credit Card'
NPR's Jennifer Ludden talks with Frontline reporter Lowell Bergman about The Secret History of the Credit Card, a new documentary by PBS and The New York Times. The film traces the rise of America's credit card industry and raises concerns about some if its business practices.
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0:00
Tech Firms Chip Away At Credit Cards' Share Of Transactions
Companies including PayPal and Apple are competing to convince merchants and consumers to use their swipe-and-go mobile payment systems. Credit card breaches may speed up the use of digital wallets.
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•
3:49
Credit Card Companies May Not Target Minors
Congress has passed a bill that would enact sweeping new restrictions on the credit card industry. The bill does away with arbitrary rate hikes and bans issuing cards to minors.
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1:28
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