The Fed Interest Rate Hike, and Whats a Credit Card Authorized User?

Published: March 28, 2022, 7:01 a.m.

The Federal Reserve is raising interest rates. To explore what it means for you, Sean kicks off this episode with a roundtable discussion about how the rate hike could affect mortgages, day-to-day finances and credit cards.\nThen Sean and Liz answer a listener\u2019s question about how making family members (or friends, for that matter) authorized users on your credit cards can help them boost their credit.\xa0\nTo send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.\nTimestamps:\nThis Week in Your Money segment: 0:00 - 13:49\xa0\nMoney Question segment: 13:50 - 26:30