Category Archives: consumer credit

The Secret History of the Credit Card

From PBS Frontline: The Secret History of the Credit Card

  • Ever wondered why you send your credit card payments to South Dakota instead of Wall Street?
  • Why credit card companies are able to change the rate of interest on stuff you already bought?
  • Why your credit card can raise its interest rate because you were late on another company’s credit card?
These questions and more are answered in a 2004 PBS Frontline Documentary The Secret History of the Credit Card

If you’re struggling with credit card debt, give me a call at 918 582-6131 or send me an email ( My vocation is helping people find financial peace of mind in their lives by eliminating debt. Don’t let debt destroy your family’s peace. FBC