Bank Card Loans on the Rise: Borrowers Fall into Debt Trap

Year 2017Episode 1120 minApr 15, 2017
Bank Card Loans on the Rise: Borrowers Fall into Debt Trap

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.

Bank Card Loans on the Rise: Borrowers Fall into Debt Trap has aired on Apr 15, 2017 at 11:30 PM
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