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★ Credit

The Wise Use of Credit: ‘To develop a better understanding of the wise use of credit, let’s spend a few minutes with a certain individual we’ll call Mr Money.’  Maxed Out: Hard Times, Easy Credit & the Era of Predatory Lenders, public information film 2006

 

 

Organised crime steals £2 million for our bank accounts every day.  Tonight: detectives investigate a gang who have stole hundreds of credit cards.  They uncover the bent bank insiders selling our account details and go after an international gang who have made millions of pounds as they target the criminals behind Britain’s fastest growing crime.  Fraud: How They Steal Your Bank Account, ITV 2019  

 

One in five of us have cards stolen or compromised.  ibid.  

 

Every day in Britain over 230 people have their account details stolen by card skimming gangs.  ibid.

 

The City of London police regularly arrest corrupt bank workers.   ibid.  

 

 

A church in Norfolk, Virginia, holds debt revivals – individuals with large debts are selected, and then donations from parishioners pay off those debts.  The church members then destroy their credit cards.  Danny SchechterIn Debt We Trust ***** PSTV 2007

 

Debt & Credit Cards: I pledge allegiance to the card of the United States of Credit.  One nation under debt with bankruptcies, late fees and high interest for all.  ibid.  

 

Americans spend more than they earn.  ibid.

 

Can we even live without credit cards?  ibid.

 

From coast to coast and shore to shining shore in every mall and on every street Americans are hurting without always being aware of why.  ibid.

 

The idea of credit used to be so simple.  ibid.

 

Manning’s lecture the next day packs them in.  A sign of widespread alarm about so many kids leaving college with an average of $20,000 of debt.  ibid.

 

 

The credit card: This is you coded into that magnetic tape … The world’s newest virtue: credit worthiness.  Connections s1e8: Eat, Drink & Be Merry, BBC 1978

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