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FRONTLINE: The Card Game

Airs Tuesday, January 26, 2010 at 10 p.m. on KPBS TV

Credit: Marlena Telvick

Above: As credit card companies face new regulation from Washington, "FRONTLINE" examines the future of the massive consumer loan industry. Pictured: Credit cards fanned across the top of a card table.

As credit card companies face rising public anger, new regulation from Washington and a potential perfect storm of economic bad news, "Frontline" correspondent Lowell Bergman examines the future of the massive consumer loan industry and its impact on a fragile national economy.

In a joint project with The New York Times — a follow-up to the “Secret History of the Credit Card” — Bergman and the Times talk to industry insiders, lobbyists, politicians and consumer advocates as they square-off over new regulation and the possible creation of a consumer finance protection agency. How are the credit, debit and pre-paid card industries repositioning themselves to maintain high profits under the new rules? The stakes couldn’t be higher as many fear the consumer loan industry could be at the center of the next crisis.

Seven Things To Know About "The Card Game"

Video Excerpt: Frontline: The Card Game

How much is your credit card really costing you? In this excerpt from "The Card Game," former Providian Financial CEO Shailesh Mehta explains how the industry uses "stealth pricing" to confuse customers and drive up profits.

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