How We Got Hooked on Credit Cards

How We Got Hooked on Credit Cards

A TED Ed animated resource, narrated by Nidhi Upadhyaya, that looks at the history of the credit card industry in the United States. Shows how banks consider these lines of credit when deciding whether or not to approve loans, incentivizing customers to maintain multiple credit cards. Tells how this lending system originated and how did it got to be so popular. Watch now.