Clark discusses new credit cards rules now in effect, and Ditch the Big 5 credit card companies for smaller issuers.
Also huffduffed as…
Credit card companies have decided to become your friend, before it’s too late. If they chat you up instead of sounding threatening when you call, they figure, you might pay them back first. That’s the message from New York Times reporter Charles Duhigg, who just published What Does Your Credit Card Company Know About You? While they’re getting friendly with you, credit card companies have managed to learn a thing or two about exactly your ways. For starters, they’re never happier than when customers buy premium bird seed, or put their kids’ pictures on their credit cards. But if they hang out at Sharx, an upscale pool hall in Montreal? That’s bad news. With a special guest appearance by Sharx regular Laura Roberts.
Jay Frosting and Flexo talk to Matt Schulz about the possible widespread return of credit card application fees.
099 Credit card 21 Oct 2010
Thu, 21 Oct 10
Duration: 14 mins
A plastic credit card. Neil MacGregor, Director of the British Museum, explores the changing role of money in the modern world by looking at a Shari’a compliant credit card. How is modern banking adapting for new markets and what are the moral issues confronting global finance? With contributions from Mervyn King, Governor of the Bank of England, and Razi Fakih of HSBC bank.