Ask Prof Wolff: Credit Cards as Refunds - Another Profit Hustle

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Democracy At Work
Published at : 13 Dec 2021
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A Patron of Economic Update asks: "It is curious what companies will do in the event of a refund due. I find it very strange that Chrysler sent me a Visa card for the value of a $300 refund they owed me. Verizon did the same thing for a $30 refund. Why wouldn’t they just send a check? Why on earth would they do this? Someone benefits, but who?"

This is Professor Richard Wolff’s video response.

Submit your own question to be considered for a video response by Prof. Wolff on Patreon: https://www.patreon.com/economicupdate/community.

Ask Prof Wolff is a @Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff’s message is more important than ever. Help us continue to make this possible.
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