This is an economic ‘mystery’: NerdWallet CEO



NerdWallet founder and CEO Tim Chen provides analysis of the best credit cards available for consumers amid a stifling economy on ‘Mornings with Maria.’ #foxbusiness

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41 comments

  1. It's safer to spend someone else's money everyone will just go bankrupt when they are done spending can't repo food and toilet paper

  2. Democrats are evil. God help us.

  3. Nerd Wallet is the implementation of the social credit score program.
    Seriously think about it.

  4. Starting early is the best way of getting ahead to build wealth, investing remains a priority.i have made over €49,600 from the housing/Bitcoin and Gold market has plenty of opportunities to earn a huge amount of money.

  5. This is an amazing video and i enjoyed every bit of it. And i'm also excited to share my investment experience so far this year. I believe it will help a lot of people here who are confused on how to startup theirs and be productive for the year.

  6. Maybe “American Distress” “Discover Bondage” “My Master Card” all bad.

  7. I prefer cash I'm funny like that

  8. Americans are not Suffering at all Facts plus Americans are so self-centered and take everything for granted Facts

  9. I need a credit card to hold me over.Inflation is high and I try not to be in my financial decisions.

  10. There aren't even 200 million eligible holders..If I'd hazard a guess, more likely closer to 50-60 million, in the whole of the country, they all took out 3-4 cards each in a 3 months span.. 🤔..🐟.. Sounds like a lot of credit card fraud to me.. 🤔🤷

  11. I’m 61 and have never applied for credit cards. I’m on SSI and I have recently applied for a couple credit cards. I was declined. I have thin credit? My brother said it’s because there is nothing.. good or bad.. on my credit report. Could that be true?

  12. Just cancelled my credit cards….. no thank you.

  13. Credit cards are a blessing! I've recently opened 10 for a grand total of 50k. I plan to max every one out and tell them to pound sand🖕 my moto is if they are blood suckers they absolutely deserve to get pounded. Listen folks if the balance is not over 7k there is absolutely nothing they can do to collect. In seven years it will drop off the record. Max everything you can and walk away. Free cash from the most bloodthirsty industry ✌️

  14. Inflation comes 1st. Unemployment follows. Nothing mysterious there. Always happens.

  15. I had credit cards and the credit card companies took mine back because I didn't use them for 10 years. I'm considered a "Deadbeat Credit Debtor" to the banks. I haven't used one for almost 25 years now. So you spend to the card limit, and they will increase your limit, then you spend more and get that limit increased again. You are considered a "Good" or "Great" creditor when the banks can take more from you. Pretty soon you are only paying interest as the principle and very little on the actual buy. You get into a vicious cycle you cannot get out of unless you cut the cards up.

  16. I have 3 credit cards over $5000

  17. The best are ones without any interest or low interest rates..
    Pay it off monthly before interest

  18. Credit cards were designed to keep people poor by inflating their net worth. It's a loan, not free money.
    They are not designed to help you.

  19. When they say you get the 21 months no interest. If you have a balance after 21 months that you still have not paid off yet you get slammed with a high interest rate. That's why I would never do business with this guy. You forgot to mention that.

  20. Only thing I care about is my bag of AMZ40P

  21. I gave up all of my credit cards years ago. Best move I ever made it has saved me a pile of money. But it's funny, I had no debt other than my mortgage, and my credit score was tanked because of it. The next thing that has to be addressed by congress is predatory lending practice of Banks.

  22. First card he suggests is from wells fargo lol the bank that got busted opening fake accounts to inflate their stock price.

  23. Anybody that thinks 1% or 2% cash back help is an idiot. You have to spend $10,000 dollars on credit cards to get back $100 to $200 cash back. It’s a freaking gimmick to get people to spend more money than they need to. Stop promoting this scam.

  24. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  25. DUH…. the best card is 'no annual fee' and the 'lowest interest rate'

  26. Credit card usage is a learned financial thing.
    I've used credit cards for many years (better than 15) with ZERO issues and nearly ZERO interest charges (under $10 a year). Most of my CC purchases are planned to receive cash back and/or use a promotional ZERO interest time period. I carry $30K in my back wallet almost all the time and I could have more IF i wanted it. Usage has also increased my credit rating to over 800 and allows me better CC interest (presently highest of 3 cards is under 10%) AND car loans and other loans LOWER interest. BUT, credit cards are NOT for everyone. I've had many friends (using that term loosely) who "cry" that if that was their card(s), they would go buy this/that. I always tell them that is WHY you don't have any credit card and/or a decent credit rating!
    Credit cards are NOT the culprit. People are. They have ZERO control.

  27. STOP PAYING YOUR UNSECURED DEBT. Those "credit card" companies gave almost 100 million to the Democrats. The same Democrats who weaponized the IRS, Justice Department and are attacking you and your country. Bankrupt the banks, take away their funding. They can not collect off of you, collection agencies are going bankrupt, lawyers won't sue you for free, and it only takes 6% of credit card holders not paying to flush the whole system of these Woke Rats.

  28. I absolutely <recommend Mrs Elizabeth crypto to new trader who are struggling to make profits out of their crypto investment I was once in that situation until I was introduced to Mrs Elizabeth crypto who in fact change my life,I began to make good profits out of my trades till date, best trader ever

  29. Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.

  30. Even with the economic fluctuation,I'm very excited to have earned $45,000 on my $10,000 investment every 10 days ,

  31. House sales,and building is down.
    Many banks are choosing to not forclose,but offer more lending products.
    Working in a mortgage originators office I saw first hand how people get addicted to credit,and debt then bankruptcy is next.
    Consumer,and government debt related directly to inflation,and is outside the debt to GDP or income
    ratio.
    Who do you think your kidding nerd wallet?
    That's a really good question.

  32. I only have a pre paid card because stupid amazon doesn't do PayPal

  33. Amplified Bible
    Long life is in her right hand; In her left hand are riches and honor. Proverbs 3:16

  34. No to cite bank or Wells Fargo or chase. B of A is a big no too

  35. Impeach BIDEN NOW don't worry about credits

  36. Credit cards keep you in debt

  37. Where did all of The Chemtrails go???

  38. I appreciate the work you've done and the knowledge you share. Technical analysis can be helpful,but I think It is quite puzzling that well-known cryptocurrency YouTubers just pay attention to pure T.A and entirely ignore the bigger narrative of why BTC is inflating and why the outlook for the future is even more encouraging than it seems.<Ignoring the reality that each ETF launch to this point has caused a sizable decline from BTC highs is somewhat dangerous .We were already in a perilous position and only survived a protracted bear market due to historically low volume and nearly entirely whale pumps. Day trading should be given greater consideration because it is less affected by the market's turbulence .trading daily with Leonard Yeoh I have earned over $ 8BTC using his insights and charts. His insight has always been a step ahead of others

  39. No credit cards works fine for me…!!!!