Today's Close-Up

Bank Card Loans on the Rise: Borrowers Fall into Debt Trap (2017x11)

Udgivelsesdato: Apr 15, 2017

More people are taking out bank card loans they can't repay. They thought it was safe to borrow money from banks -- and it was so easy. Why do many banks promote such loans and sometimes lend people too much money? We report on the risks of bank card loans and discuss how to prevent people from falling into the debt trap.