- 02 Feb 2005 05:47
#563007
I was watching Frontline on PBS and if you want, you can watch it yourself if you want to by clicking on the link below.
Watching this made me wonder about a point that was raised in this documentary?
Should people, and this particular case, Americans, know that if you just pay your minimum balance on credit cards, that you could be trying to pay it off for years at a time?
Secondly, I'm also curious as to how credit cards work in other countries? Do they have the same problems as we do in the US with credit cards.
I'll respond with my answers, but I'm just curious as to what you all think about the question I raised, and the questions they raised in this documentary.
Also, if you don't want to watch it, I believe you can find transcripts at this link as well.
here's the link
http://www.pbs.org/wgbh/pages/frontline/shows/credit/
Watching this made me wonder about a point that was raised in this documentary?
Should people, and this particular case, Americans, know that if you just pay your minimum balance on credit cards, that you could be trying to pay it off for years at a time?
Secondly, I'm also curious as to how credit cards work in other countries? Do they have the same problems as we do in the US with credit cards.
I'll respond with my answers, but I'm just curious as to what you all think about the question I raised, and the questions they raised in this documentary.
Also, if you don't want to watch it, I believe you can find transcripts at this link as well.
here's the link
http://www.pbs.org/wgbh/pages/frontline/shows/credit/