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The Clark Howard Podcast

12.05.22 A Zelle Reckoning / Holiday Shipping Update

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 5 December 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

Following a PR disaster and Senate hearings, the banks that created fraud-riddled Zelle are coming to the reform table. Clark describes testing going on now, soon coming to consumers. Also, the current state of holiday shipping is not what Clark predicted. Potential Zelle Reform: Segment 1 Ask Clark: Segment 2 Holiday Shipping: Segment 3 Ask Clark: Segment 4 Mentioned on the show: These Big Banks Are Finally Doing Something About Zelle Best Credit Cards for Students: Top Picks for 2022 My Social Security Number Is on the Dark Web. What Should I Do? How To Freeze Your Credit With Experian, Equifax and TransUnion SIM Card Swapping: The Dangerous Cell Phone Scam Everyone Needs To Know SoFi Review: One-Stop Shop to Spend, Save, Borrow and Invest Pirate Ship Review: Pros & Cons of This Cheap Shipping Service Is Now a Good Time To Put Money in a CD? Clark.com Community Welcome to Clark’s Christmas Kids 2022 Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There's something so romantic about winter and I don't know whether that's just because

0:05.4

I'm a bit of a homebody and I love a 5th.

0:08.0

But I think it's just the holiday period, it's just for me, it's the most romantic period.

0:14.1

And I think anyone who's listened to my records will know that I'm quite a big fan of romance.

0:18.8

Join in every sip with Red Cops Now Back at Starbucks.

0:31.3

It's my pleasure to welcome you to the Clark Power Show, our emissions to serve you and empower

0:36.6

you to make better financial decisions in your life.

0:40.8

Today's a great day.

0:43.4

Why?

0:44.8

Because it looks like Big Bad Zell is finally, tentatively, turning around some of what

0:55.6

makes it so dangerous for you to ever, ever use that thing.

1:02.1

Zell is too hot to handle and finally some changes on the way.

1:08.8

I'm going to fill you in on what I know so far.

1:12.6

And later I'm going to talk about something looks like I got wrong and it's not even

1:19.9

a weekly Clark Stink segment.

1:23.6

Something we're getting right is helping children and foster care have gifts for Christmas.

1:31.4

I want to thank you so much from the bottom of my heart if you've already donated.

1:38.6

That if you'd like to help out a child and foster care, you can still do so.

1:44.9

See what we do, how we do it and why we've done this for 32 years at ClarksChristmaskids.com.

1:56.6

So then a little giddy about this because Big Bad Zell has hurt so many people it looks

2:06.1

like in the millions at this point who have had money stolen from their bank accounts.

2:12.5

And the banks that created the Zell, zombie monster have kind of looked the other way and

...

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