NBC Evening News for Saturday, Jan 30, 1988
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(Studio: Connie Chung) Report introduced.
(DC: Irving R. Levine) Competition among credit card companies reported; details given, scenes shown. [WOMAN - says uses cash because of high interest rates on credit cards.] television ads shown. Impact of stock market crash in October and other economy problems reported leading to cautious spending; figs. outlined on screen. [WOMAN - says it's too easy to get in hole.] Variety of benefits offered by credit card companies detailed; American Express ad shown; "affinity cards," allowing for part of purchase to go to charity, explained. [American Bankcard spokesperson Edward SHELTON - says market saturated.] Credit card interest rates noted.
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