Elena Botea

Elena Botea, a former credit-card industry insider and investigative author, shares eye-opening insights about the mechanisms of consumer debt. She reveals how banks design credit products to keep consumers perpetually in debt, discussing tactics like unrequested credit line increases and the structure of minimum payments. Elena critiques the predatory nature of the credit industry's business model and highlights the psychological tactics at play, from marketing campaigns to regulatory weaknesses. A thought-provoking exploration of the 'debt machine' that affects millions.