The average American holds more than $6300 in credit card debt. Money-lending is as old as human culture, but widely available revolving lines of credit is a relatively new invention that took decades to develop. The History Guy remembers the forgotten history of credit cards.

This is original content based on research by The History Guy. Images in the Public Domain are carefully selected and provide illustration. As images of actual events are sometimes not available, images of similar objects and events are used for illustration.

All events are portrayed in historical context and for educational purposes. No images or content are primarily intended to shock and disgust. Those who do not learn from history are doomed to repeat it. Non censuram.

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The History Guy: History Deserves to Be Remembered is the place to find short snippets of forgotten history from five to fifteen minutes long. If you like history too, this is the channel for you.

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Script by JCG

#ushistory #thehistoryguy #economics