Credit Cards
Parents are going into deeper credit card debt to cover back-to-school expenses
With summer wrapping up shortly, parents are outfitting their children for the new school year. But American households are struggling to afford back-to-school items such…
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Parents are going into deeper credit card debt to cover back-to-school expenses
With summer wrapping up shortly, parents are outfitting their children for the new school year. But American households are struggling…
Credit card delinquency rates hit worst level since 2012 in new Fed study
A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high…
Credit card delinquencies are surging — and rising fastest in this California city
A growing number of Californians are struggling to pay their credit card bills as they continue to battle steep interest…
Some vacationers expect to use credit card for more than $5,000 of summer travel
Many Americans plan to rely on their credit cards to finance a significant portion of their holiday travel, even if…
4 ways Americans use credit cards to purchase and plan for the future
Credit cards are a ubiquitous part of American finances as individuals seek ways to gain financially for the present and…
American Express takes further control of restaurant reservations
American Express is acquiring yet another restaurant booking platform. It's a potential gamechanger for cardholders in a world where nabbing…
Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge
A federal judge said Friday that card issuers Visa and Mastercard could likely withstand a "substantially greater" settlement with merchants…
Most travelers trying to keep frugality in mind when planning summer travel: Experian
Summer travel is heating up with the weather, but consumers are weary about spending too much. Nearly 71% of consumers…
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees…
Buy now, pay later products to be treated like credit cards, CFPB says
The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to Buy Now, Pay Later (BNPL) products. As a…
Consumers want credit products despite high interest rates: TransUnion
The high interest rate environment has done little to dampen the appetite for credit products, a recent TransUnion report said. …
eBay ditching American Express as a payment option this summer
eBay customers will no longer be able to use American Express credit cards to pay for purchases on the online…
Financial dangers of store credit cards can be ‘severe,’ expert warns
Nearly every store has rewards credit cards available for customers, but not all the offers add up to major savings.…
Walmart, Capital One end exclusive consumer credit card agreement
Capital One and Walmart announced Friday that they ended the agreement that made Capital One the exclusive issuer of Walmart's…
Credit card usage is up as inflation continues to rise
Inflation has steadily been rising in recent years. The Consumer Price Index — a major measure of inflation — rose…
Bond King Jeffrey Gundlach warns over US economy as Americans' debt piles up: 'Concerning'
As Americans’ debt grows, recession fears are refueled and the Fed grapples with the pressure to cut rates, "Bond King"…
Texas judge stops Biden Administration rule that caps credit card late fees at $8
The Biden Administration has been trying to create laws and rules that would limit "junk fees" charged by credit card…
Credit card debt is surging as average American owes $6,218
Americans are racking up more credit card debt as they continue to battle high inflation and interest rates. New data published…