Tag Archives: card

Credit card delinquencies are surging

‘Kudlow’ panelists Kevin Brady, Art Laffer and Sandra Smith discuss how ‘Bidenomics’ is falling flat with voters. A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates, according to New York Federal Reserve data published Tuesday.  …

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Credit card debt poised to smash another record high

‘Permanent Distortion’ author Nomi Prins argues Fed policy is adversely affecting everyone on ‘Making Money.’ Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report on Household …

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Feds investigate credit card rewards ‘bait and switch’ schemes

‘Kudlow’ panelists Kevin Brady, Art Laffer and Sandra Smith discuss how ‘Bidenomics’ is falling flat with voters. Federal officials announced Thursday that they are investigating “bait and switch” schemes associated with credit card rewards and travel programs.    The Consumer Financial Protection Bureau (CFPB) analyzed “several hundred consumer complaints” that …

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