NerdWallet ($NRDS) podcast mentions
Per Ticker.id: 1 NerdWallet ($NRDS) mention across 1 podcast (30 days) — timestamped, verifiable quotes, updated 2026-10-21.
That's up 66% in just 5 years, the highest the New York Fed has ever recorded. The average interest rate on cards currently accruing interest is, get this, 21.5%. Buy now, pay later finances 6% of all U.S. e-commerce, up from 2%. In 2020. 22% of Buy Now Pay Later users used it to pay for food delivery last year. And in a survey from NerdWallet, 49% of Americans said carrying credit card debt is simply normal. That last number is perhaps the most concerning because it speaks to the normalization, the collective shrug, if you will, around debt. There's an uncomfortable truth underneath the consumer data. Most of this debt isn't reckless spending. A Bankrate survey found that the majority of credit card balances exist to cover essentials— groceries, rent, utilities, and healthcare— which means we're not only talking about a mass discipline failure, we're just talking about math and people trying to meet their basic needs.
Scott Galloway · The Prof G Pod with Scott Galloway · How America Became Addicted to Debt — with Morgan Housel · 2026-10-21