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Friday, May 24, 2024   
Debt Trap
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Debt: The next big American crisis? Instead of accumulating wealth, many are falling further behind on payments. Dateline looks into a fundamental economic problem: the debt epidemic.

Chriss Snyder has $25,000 dollars in credit card debt that she's trying to get under control. She describes a potential trap that could cost you big money. The economy is in freefall, and no one's sure where rock bottom is. And as the mortgage crisis and mounting job losses melt away the American dream, another fundamental economic problem is being exposed: America's debt epidemic.


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