In her new book, Delinquent: Inside America's Debt Machine, investigative journalist and former industry insider at Capital One Elena Botella details how banks use predatory strategies to induce American borrowers into debt they can't repay, by exploiting common weaknesses in how we think about money.
On this edition of Your Call, investigative journalist and former industry insider at Capital One Elena Botella joins us to talk about her new book, Delinquent: Inside America’s Debt Machine.
Botella exposes the predatory ways that banks often force American borrowers into debt they can’t pay back, and the ways that bank marketing, product design, and customer management strategies exploit our common weaknesses and fantasies in how we think about money.