Bill Ackman questions credit card rewards structure, says low-income consumers subsidize premium cardholders amid Trump rate cap debate

Billionaire investor Bill Ackman raised concerns about credit card rewards programs on Saturday, arguing the current ...
Forbes

Proposed Rules For Credit Cards Will Worsen Inequality By Making It More Difficult For Low Income Households To Obtain Them

These days the majority of transactions in the United States are done via credit card, and 85 percent of all American households have at least one card. Their use is common all across the income ...
Investopedia

Survey Shows Lower-Income Households Have Highest Credit Card Debt Ratios

Credit cards have become the new emergency fund for many consumers Koh Sze Kiat / Getty Images More than half of U.S. households held credit card debt in 2022, according to the most recent review of ...