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4:55
YouTube
TED-Ed
How we got hooked on credit cards - Nidhi Upadhyaya
Dig into the history of credit cards in the United States, and how they have evolved since the 1950s into the industry we know today. -- Today, credit cards are a $500 billion-a-year industry. Banks consider these lines of credit when deciding whether or not to approve loans, incentivizing customers to maintain multiple credit cards. So, how ...
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