Browsing: Credit Cards
Americans are racking up more credit card debt as they continue to battle high inflation and interest rates. New data published Thursday by TransUnion shows the average debt per borrower hit…
Major changes announced by Visa this week mean Americans will soon not need to carry around as many credit and debit cards. During Visa’s annual Payments Forum in San Francisco…
The Biden Administration has been trying to create laws and rules that would limit “junk fees” charged by credit card companies and other companies with consumer fees. One of those…
Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost of everyday necessities more expensive. The New York Federal Reserve…
Federal officials announced Thursday that they are investigating “bait and switch” schemes associated with credit card rewards and travel programs. The Consumer Financial Protection Bureau (CFPB) analyzed “several hundred…
The latest crop of young adults in the U.S. is leaning more on credit than the generation before, and experts expect the problem to get worse before it gets better…
Small businesses are increasingly turning to credit cards as a key source of funding as they continue to grapple with still-high inflation and rising borrowing costs. New findings published by…
A growing number of consumers who use buy now, pay later (BNPL) services and are attracted to their ease of access, but they are at risk of becoming overextended, according…
Economic hardship is causing more people to rely on credit to cover living expenses, and some have even maxed out their credit cards to deal with inflation and rising prices,…
Americans are drowning in credit card debt. New data published by the Federal Reserve Bank of Philadelphia shows that a growing number of Americans are struggling to make their monthly…