How Capital One Is Robbing You
Channel: More Perfect Union
Imagine a world where interest rates are so high, you’d think they were set by caffeine-fueled Wall Street baristas! The video takes us through an alarming j...
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Imagine a world where interest rates are so high, you’d think they were set by caffeine-fueled Wall Street baristas! The video takes us through an alarming journey into the unregulated kingdom of credit card companies led by giants like Capital One. Through interviews with insiders, we learn how banks test the limits of our patience—and our wallets—while policymakers attempt to draw a line in the fiscal sand with proposed rate caps. As credit card interest rates skyrocket, discussions focus on consumer protection and the importance of financial regulation reform to protect everyday Americans from tidal waves of debt.
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