The Money Trap: How the Banks Lure You Into Debt
- Released on
- Runtime
- 40 mins
A senior banking executive reveals how high street banks deliberately target their customers and push borrowing. The whistleblower tells how the industry is driven by aggressive targets, uses hard-sell tactics and sophisticated marketing techniques, and profits from customers in financial difficulty. The programme highlights one of an alarming number of people who have killed themselves when their debt spirals out of control.
A senior banking executive reveals how high street banks deliberately target their customers and push borrowing. The whistleblower tells how the industry is driven by aggressive targets, uses hard-sell tactics and sophisticated marketing techniques, and profits from customers in financial difficulty. The programme highlights one of an alarming number of people who have killed themselves when their debt spirals out of control.
