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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Consumers grow unhappy with credit card perks as they spend at record levels: report
Consumer satisfaction with credit card perks is suffering as debt balances balloon to new highs, according to a recent report.…
Household income drops amid high inflation
Americans’ income plunged as the nation grappled with record-high inflation, according to new data from the U.S. Census Bureau. Real…
Paying credit card debt down is getting harder
Most Americans are well aware of their mortgage rate — especially after the Federal Reserve kept rates unchanged this week,…
Retail trade group urges passage of bill that would reduce credit card ‘swipe fees,’ here’s why
The National Retail Federation (NRF), the nation's largest retail trade group, is urging Congress to pass the bipartisan Credit Card…
States with the highest credit card debt
Californians are racking up the most credit card debt, according to recent data from personal finance website WalletHub. Currently, consumers…
Taco Bell employee in hot water after customer makes disturbing find on bank statement: police
An Ohio Taco Bell employee was arrested this month after allegedly scamming customers with fraudulent credit card transactions, reports said.…
Josh Hawley wants to cap credit card interest rates and introduced legislation to do it
Senator Josh Hawley, R-Mo., introduced new legislation this week to implement a federal cap on credit card interest rates as…
Small businesses open to AI and automation but worry about evolving tech, Visa research finds
Small businesses are open to using artificial intelligence (AI) tools to boost their competitiveness and efficiency but have concerns about…
Gen Zers credit card balances grow the fastest: TransUnion
Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent…
Intuit Credit Karma launches AI-powered financial assistant for consumers
Intuit Credit Karma is launching a new tool on Wednesday that leverages generative artificial intelligence (AI) to help consumers with…
All income brackets now living paycheck to paycheck: Study
Inflation, mortgage rates over 7% and credit card APR's north of 20% have pushed all income brackets into living paycheck…
Fed governor warns more interest rate hikes may be coming
The Federal Reserve could raise interest rates again in order to reduce inflation to its targeted levels, according to Fed…
Credit card mistakes even high-credit score mavens make
Credit card debt hit a record $1 trillion for the first time ever as more consumers lean on their cards…
Credit card users with the highest balances live in these states: survey
A growing number of Americans with subprime scores opened up new credit card accounts last year despite the high price…
Credit card delinquencies are on the upswing
A growing number of Americans are falling behind on their monthly credit card payments, a trend that may be a…
Many parents turn to credit cards to pay for back-to-school shopping: survey
Americans are dealing with rising prices as they begin their back-to-school shopping, and more are turning to credit cards to…
Here’s why some middle-income Americans are staying optimistic about their money
More Americans feel optimistic about their finances even as many have had to rely on debt to deal with lingering…
Recession may be off the table as economy moves toward “soft landing”: VantageScore
Credit card debt soared to a new record in the second quarter of 2023, but consumer credit remains strong and…