Browsing: Credit Cards
Credit card and payments giant Visa on Wednesday announced the launch of a new consulting division to provide clients with insights and recommendations for unlocking the potential of artificial intelligence…
Goldman Sachs plans to begin a process to unload its credit-card program in another step away from its failed foray into consumer lending. The bank on Tuesday informed a group…
As Americans grapple with record-high debt and stubborn inflation, many also struggle with credit card debt. In fact, more than half (61%) of Americans have credit card debt today and…
Americans now owe $1.08 trillion on their credit cards after racking up a collective $48 billion in new spending during the third quarter of 2023, according to a recent report on…
Seven banking sector trade groups warned in a joint letter to lawmakers that efforts to set a nationwide 36% interest rate cap on consumer loans may do more harm than…
TransUnion said it will cut its workforce by 10%, or roughly 1,300 jobs, as part of a plan to reduce costs and fund growth, the consumer credit reporting agency announced…
Soaring costs on everyday items have many Americans wishing they could skip holiday spending, particularly those who resumed paying student loans in October after a more than three-year pause, with…
Apple is pulling the plug on its credit-card partnership with Goldman Sachs, the final nail in the coffin of the Wall Street bank’s bid to expand into consumer lending. The…
Americans are earning more, but rising costs and high interest rates have outweighed the benefits of higher pay, according to a recent study by Achieve. Despite having higher income, consumers who are…
Americans have continued to open up their wallets and spend over the past two years, even in the face of stubborn inflation and high interest rates. However, there are some…