Credit Cards
Visa changes coming this year will mean fewer cards for Americans
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…
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Visa changes coming this year will mean fewer cards for Americans
Major changes announced by Visa this week mean Americans will soon not need to carry around as many credit and…
Credit card debt poised to smash another record high
Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost…
Americans are carrying a record amount of household debt
Americans racked up more debt at the beginning of 2024 – and a growing number of households fell behind on…
US regulators investigate credit card rewards 'bait and switch' schemes
Federal officials on Thursday announced that they are investigating "bait and switch" schemes associated with credit card rewards and travel…
Gen Z lean on credit more than millennials did and racking up more debt
The latest crop of young adults in the U.S. is leaning more on credit than the generation before, and experts…
Small businesses are racking up credit card debt, raising some concerns
Small businesses are increasingly turning to credit cards as a key source of funding as they continue to grapple with…
76% of buy now, pay later users said it helped improve their financial situation but beware of risks: survey
A growing number of consumers who use buy now, pay later (BNPL) services and are attracted to their ease of…
Many personal loan borrowers rely on loans for everyday expenses as cost of living grows
The personal loan market is growing, in part due to the high cost of living. About 14.5% of borrowers use…
1 in 3 Americans maxing out credit cards because of inflation: survey
Economic hardship is causing more people to rely on credit to cover living expenses, and some have even maxed out…
Credit card delinquency rates hit worst level on record
Americans are drowning in credit card debt. New data published by the Federal Reserve Bank of Philadelphia shows that a…
Chase allowing advertisers to target customers based on purchases
Chase announced Wednesday it has launched a new media business that allows advertisers to target the bank's 80 million U.S.…
Americans are draining their retirement accounts, racking up debt due to high inflation
Chronic inflation hinders millions of Americans' ability to prepare for their financial future, according to a new study published by…
Six moves you’re making that can ruin your credit score
One of the most important lessons regarding your finances to understand is to preserve and protect your credit score, as…
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Interest payments for U.S. consumers are through the roof. Last quarter, consumers spent a record-high $1.1 trillion on interest payments…
Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Consumers likely paid hefty fees on Valentine’s Day if they bought gifts using credit cards. Swipe fees — fees credit…
High debt is causing more consumers to live paycheck-to-paycheck
Many workers are living paycheck-to-paycheck, with about one in three citing debt as one of the main reasons why, according…
CFPB finalizes rule capping credit card late fees at $8 on average
The Consumer Financial Protection Bureau (CFPB) is finalizing a rule that limits how much consumers are charged in late fees.…
Best rewards credit cards where you can use points toward things like travel, cash back
If you are going to be spending money anyway, you might as well earn some points when you swipe. There…