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The Clark Howard Podcast

3.12.19 Watch out for this shopping website; Wells Fargo remains unchanged; Battles against Airbnb rage on

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 12 March 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Zebit claims to offer people with no credit interest free purchases. But the devil is in the details; Wells Fargo's company culture remains unchanged despite its claims; Some municipalities continue to battle Airbnb. Here's what you need to know as a potential guest. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show where it's all about you and

0:10.4

that quality yours.

0:11.4

I want you to learn ideas to me so you can save more and spend less and don't let

0:16.8

anyone ever rip you off.

0:19.4

Well, there's new Wells Fargo news.

0:22.1

I'm going to share with you in today's Clark Rageous Moment.

0:26.0

And later, you love renting a place to stay instead of staying in a hotel room when

0:31.6

you're on vacation.

0:33.2

I have a special warning for you that you need to be aware of before you rent a place

0:39.0

instead of renting a traditional hotel.

0:43.0

And right now, I want to talk to you about something that has me very worried.

0:50.7

And it's a website that is fast growing called Zebit, ZBIT, that you may have looked at,

0:58.6

you may have heard of, you may have shopped at.

1:01.7

So Zebit is designed for people who maybe don't have the best credit.

1:10.1

And they use their own proprietary method to decide who they'll lend money to.

1:18.4

And the lending is not traditional lending.

1:22.2

They sell consumer goods of various types, a lot of electronics, a lot of household items,

1:30.9

you name it.

1:33.2

And the way their system works is if you go to the website, you don't need a credit score

1:43.1

and they sell you stuff at zero percent interest.

1:49.4

So how could there be such a free lunch?

1:53.9

Get up to $2,500 interest-free credit.

...

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