did-you-kno: In 1958, Bank of America mailed 60,000 people a ‘BankAmericard’ with a $500 credit line. The experiment was a massive success, was later renamed as Visa, and US consumers now have about $900 billion in credit card debt. Source

did-you-kno: In 1958, Bank of America mailed 60,000 people a ‘BankAmericard’ with a $500 credit line. The experiment was a massive success, was later renamed as Visa, and US consumers now have about $900 billion in credit card debt. Source

tags: Noted.Death,

from: https://noteddeath.tumblr.com/post/145860864894