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…
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
The Biden administration on Tuesday finalized a new rule to cap all credit card late fees at $8, a move…
Credit card balances hit a new benchmark in the fourth quarter of 2023, with balances topping the $1 trillion mark…
Predictions abound for credit card interest rates in the coming months. Like many interest rates, it's likely credit card interest…
In the wake of Capital One announcing plans to purchase Discover earlier this week, opposing views have already emerged over…
Capital One is plowing forward with plans to purchase Discover Financial, but the proposed acquisition is expected to face major…
Capital One Financial's $35.3 billion deal for Discover Financial would create new competition for payments behemoths Visa and Mastercard, potentially…
Retail and food service purchases hit an estimated $700.3 billion in January 2024, a 0.6% rise from the year before,…
A growing number of Americans are falling behind on their monthly credit card payments, and student loan repayments could be…
Bilt Rewards allows Americans to be rewarded for paying their rent, which is most people’s biggest monthly expense, as the…
Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost…
Cardholders of American Express and Delta’s six co-branded credit cards will receive new benefits and increased annual fees in changes…
Americans know that carrying a credit card balance is a bad idea, but 45% typically do so anyway, a recent…
Most Americans are experiencing a holiday spending hangover that could take months to recover from, a recent survey said. Seventy-four…
Students may think that a credit card sponsored by the college or university they attend will offer them the best…
Bilt Rewards, a company that allows Americans to be rewarded for paying their rent, announced a $200 million equity investment…
A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high…
A growing number of Americans are racking up credit card debt in order to pay for their everyday necessities, a…
Americans feel more confident about their finances, to the extent that interest in buying a home jumped by nearly 15%…
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