Why It Keeps Getting More Expensive to Carry a Credit-Card Balance
Listen now
Description
The average credit-card interest rate was 21.5% in May, hovering around its highest level in Federal Reserve data going back to 1994. Wall Street Journal reporter Angel Au-Yeung joins host J.R. Whalen to also discuss why the rates remain so high and the status of a proposed $8 cap on credit-card late fees.
Sign up for the WSJ's free Markets A.M. newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
More Episodes
Fraudulent entries on expense reports cost businesses an estimated 5% of revenue on average, according to the Association of Certified Fraud Examiners. Wall Street Journal “On the Clock” columnist Callum Borchers joins host J.R. Whalen to discuss unauthorized purchases like an RV and a worker’s...
Published 11/21/24
Check fraud rose nearly 400% in the U.S. last year, according to a Financial Crimes Enforcement Network report. And scammers are now using social media to promote a low-tech check scheme and post tips for other fraudsters. Wall Street Journal reporters Oyin Adedoyin and Justin Baer join host J.R....
Published 11/20/24
Published 11/20/24
Links
Genres
Artwork or description wrong?
Request an update »
Updates may take a few minutes.
Do you host a podcast?
Track your ranks and reviews from Spotify, Apple Podcasts and more.
