Elizabeth Warren On The Rising Cost Of Credit Debt Harvard Law professor returns to Fresh Air to talk about how credit-card debt is becoming more costly due to increased fees and interest rates. Warren is a bankruptcy expert and an outspoken critic of abusive lending practices.

Elizabeth Warren On The Rising Cost Of Credit Debt

Elizabeth Warren On The Rising Cost Of Credit Debt

  • Download
  • <iframe src="https://www.npr.org/player/embed/92133862/92136064" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Professor Elizabeth Warren warns that credit card companies often use deceptive language in the fine print of card agreements Frank Carrere hide caption

toggle caption
Frank Carrere

Professor Elizabeth Warren warns that credit card companies often use deceptive language in the fine print of card agreements

Frank Carrere

Second in a two-part series.

Bankruptcy expert Elizabeth Warren returns to Fresh Air to talk about how and why credit-card debt is becoming more costly due to increased fees and interest rates. Yesterday, Warren discussed credit reports and the importance of maintaining a high credit rating.

Warren is a professor at Harvard Law School, where she specializes in bankruptcy and contract law. She has appeared before the Senate Banking Committee to discuss the abusive lending practices by credit card companies. Warren considers the interest charges and late fees imposed by credit card companies to be a hidden tax on cardholders.

Warren has also written extensively on money management for middle-class families. She is the author of The Two-Income Trap: Why Middle Class Mothers and Fathers Are Going Broke and co-author of All Your Worth: The Ultimate Lifetime Money Plan, which she wrote with her daughter.

The Two-Income Trap
Why Middle-Class Mothers and Fathers Are Going Broke
By Elizabeth Warren, Amelia Warren Tyagi

Buy Featured Book

Title
The Two-Income Trap
By
Elizabeth Warren, Amelia Warren Tyagi

Your purchase helps support NPR programming. How?