Sudeep Reddy

Credit Card Debt: More Victims, Because of ‘Unemployment’?

DebtHave you run up your credit card on a shopping spree, now feeling the squeeze because you can’t pay the minimum balance? It’s all the economy’s fault, according to the December 26 “NBC Nightly News.”

NBC senior investigative correspondent Lisa Myers reported on mounting credit card debt, but presented borrowers as victims of credit card companies and a struggling economy.