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Understanding the True Costs Behind Credit Card Lending

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Manage episode 523520924 series 2152785
Content provided by Wharton Podcast Network and The Wharton School. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wharton Podcast Network and The Wharton School or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Itamar Drechsler, Wharton School Professor of Finance and Co-Director of the Rodney L. White Center for Financial Research, explains the economic forces behind high credit card interest rates, highlighting the roles of defaults, operating costs, marketing expenditures, and market power in shaping what consumers ultimately pay.

Hosted on Acast. See acast.com/privacy for more information.

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1394 episodes

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iconShare
 
Manage episode 523520924 series 2152785
Content provided by Wharton Podcast Network and The Wharton School. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wharton Podcast Network and The Wharton School or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Itamar Drechsler, Wharton School Professor of Finance and Co-Director of the Rodney L. White Center for Financial Research, explains the economic forces behind high credit card interest rates, highlighting the roles of defaults, operating costs, marketing expenditures, and market power in shaping what consumers ultimately pay.

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

1394 episodes

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