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The Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing to discuss whether new regulations are needed for credit card reward programs and airline loyalty programs. Officials argue that for many consumers, the high fees and interest charged on travel rewards credit cards outweigh the value of the rewards and perks earned. Airline-branded credit cards can be much costlier than average cards, with annual fees as high as $650 and interest rates averaging more than 25% compared to no annual fees and about 24% for most cards. Loyalty programs are major revenue generators for airlines, with Delta earning $6.5 billion and Americans expecting 80% of revenue from loyalty members.
Is Your Airline Rewards Card Costing You More? Officials Debate Need for New Regulations on Credit Card Reward and Airline Loyalty Programs
⏲ 0:53 👁 590K
Gavin Wong Magic
$10 VS $75 playing cards! #shorts
⏲ 18 seconds 👁 287.5K
Bird Chatter Baseball
Kmart Cards Topps M.V.P.'s 1962 - 1982 #1 Overview #birdchatter #baseballhistory #shorts #mlb #mvp
⏲ 52 seconds 👁 19
When a woman who once bore the title “Financial Applications Product Owner II” at an insurance company, starts a TikTok with “this is the sketchiest thing I’m doing to make extra money,” you might think she’s playing it up for drama. But Amber Smith, a 27-year-old from Des Moines, Iowa with an MBA, is dead serious. She’s swapped insurance for the influencer business (focusing her content on reselling clothes), and she’s been picking up $40 here and there with a scheme that sounds pretty shady.<br/><br/>“I’ve started selling tradelines on my credit cards,” Smith says in the video that has since garnered millions of views across the social mediasphere. “Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to this website,” she says, referring to Tradeline Supply Company, a San Diego based broker. “This website matches them up with me based on what they’re looking for and I add them as an authorized user to my credit card.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/05/07/this-company-wants-you-to-rent-your-credit-history/?sh=58ff759f20e5<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
This Company Wants You To Rent Your Credit History
⏲ 5:15 👁 1.7M
Schultzy
$23,000 BOX FULL OF HOLY GRAILS! | 2022 Bowman Transcendent 💰
⏲ 13 minutes 2 seconds 👁 182.9K
The Geoff Wilson Show
BIGGEST CARD DEAL OF HIS LIFE!
⏲ 40 seconds 👁 7.4M
Former #2 overall pick Jack Leiter has made two forgettable starts for the Rangers this year, but both of them have been on the road. With his first home start on deck tonight, can he put together the talent we've seen him flash at Triple A?
Can Jack Leiter put together his first quality MLB start vs. the Guardians?
⏲ 3:36 👁 60K
Leonhart
Man Finds 20 Year Old Pack of Pokemon Cards Under Shelf at Target! (Opening It)
⏲ 22 minutes 15 seconds 👁 3.1M
Shuffle Up and Deal
Fournier De Luxe Deck Review
⏲ 2 minutes 38 seconds 👁 23
In a controversial turn of events during the fourth phase of Lok Sabha elections, Madhavi Latha, the Bharatiya Janata Party (BJP) candidate from Hyderabad, ignited a heated debate on Monday. Her request for burqa-clad Muslim women at a polling booth to unveil their faces for identification purposes, aligning them with the photographs on their voter ID cards, sparked immediate controversy. The emergence of a video from the polling booth further intensified the dispute. This incident unfolds amidst a closely watched electoral battle between Madhavi Latha and Owaisi in Hyderabad, a constituency where Owaisi secured a significant victory in the previous Lok Sabha elections. <br/> <br/>#MadhaviLatha #HyderabadElections #BurqaBan #VoterID #Elections2024 #LokSabha #OwaisiVsMadhaviLatha #Controversy #LegalAction #VoterRights #HyderabadNews #ElectionEthics #PoliticalTension #PollingBooth #Secularism<br/>~PR.152~ED.101~CA.298~HT.318~
Caught On Cam: Madhavi Latha Booked For Checking IDs Of Burqa-Clad Women Voters In Hyderabad
⏲ 4:27 👁 220K
Got bad credit? You can still qualify for some credit cards; just be sure you do your research first.
How To Credit Card With Bad Credit To Improve Your Credit Score
⏲ 3:15 👁 110K
The 'Legally Blonde' prequel series is officially a go at Amazon! Original 'Legally Blonde' star Reese Witherspoon was on deck to announce a series order for the show during Amazon's first-ever upfront presentation. The actress is set to executive produce the show from creator Laura Kittrell. The show, titled 'Elle,' will tell the origin story of Elle Woods as a 1990s high schooler.
'Legally Blonde' Prequel Series 'Elle' Ordered By Amazon | THR News Video
⏲ 1:14 👁 50K
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