The Credit Card Trap How Banks Make $130 Billion a Year Off You

Published May 19, 2026

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First Million Mind

First Million Mind

1.05K subs•26 videos•Apr 2026

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The Credit Card Trap: How Banks Make $130 Billion a Year Off You You borrowed $5,000. You paid back $9,823. That's not a mistake — that's the system working exactly as designed. In 2025, American banks made $130 billion from credit card interest and fees alone. More than the US government spends on education. More th…

Published: May 19, 2026
Made for kids: No

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