2.21.19 Credit card fees on the rise; FDA cracks down on fake supplements; Making your home WiFi safe

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.6 • 5.2K Ratings

🗓️ 21 February 2019

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Credit card fees from Visa and Mastercard are going up. Small businesses and consumers will bear the brunt; The FDA has issued a warning about supplements touting miraculous cures for Alzheimer's disease; A new Clark.com article details how you can make your home WiFi network safe. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Hule. Between work deadlines and just living life, it can
0:06.4	be hard to prioritize healthy eating. What if you could have a meal in 30 seconds? Hule
0:11.8	is a convenient, nutritious meal in a shake. Just add water and you get a meal of 40g of
0:17.1	protein per serve, 400 calories and 26 vitamins and minerals. Visit Hule.com forward slash Spotify
0:24.3	to find out more.
0:30.4	Thanks for taking part of your day to join us here on the Clark Howard Show where it's about you
0:38.0	learning ways to keep more of what you make. And Clark.com's our main website coming up in just a few
0:45.6	minutes. Oh man, the claims about what these herbal remedies and dietary supplements can do.
0:52.9	Wait till you hear some of the outlandish stuff that's been exposed by the feds just recently.
0:59.5	And later, I want to talk about simple things you can do, linear things you can do to protect
1:07.3	your identity, protect your information online. So, Visa Mastercard, the, what I call the Visa
1:16.8	Mastercard Cartel, somehow magically at the same time decided they're going to raise fees again.
1:24.0	And they're going to just eat up retailers, restaurants, any kind of merchants with massive fee
1:32.6	increases for accepting Visa's a Mastercard. Everything Visa Mastercard has been up to trying to
1:39.7	get you and me to never think of using or carrying cash and put the cartel into a position where they
1:48.4	can impose whatever fees they want onto any restaurant you eat at any place you shop, anything you
1:56.7	do where you would use plastic. So, this is setting up a Donnie Brook. I mean a serious struggle
2:05.8	where we in the United States are paying what appeared to be by far the highest fees in the world
2:12.9	to use credit cards because the price fixing the Visa Mastercard Engage in. So, the merchants are
2:20.8	all upset and it's hard for you and me as consumers to see where we fit in this. Well, let me tell you
2:27.8	how it's playing. If you are a high volume charger on credit cards, the fact that the fees that
2:39.1	merchants are paying retailers and restaurants and whoever else are paying is something that is not
	...

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