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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Pandemic boost to consumer credit is quickly turning sour for some borrowers: Survey
Subprime borrowers that saw their credit scores boosted by pandemic-era stimulus savings are reverting to bad payment behaviors, a recent…
Some Americans drowning in credit card debt following the COVID-19 pandemic: survey
When it comes to personal finances following the pandemic, Americans are divided into two categories – some have emerged with…
Credit card debt set to hit $1T as inflation continues squeezing Americans
Americans are drowning in credit card debt as stubborn inflation makes the cost of everyday necessities more expensive. The New…
Some consumers max out credit cards without knowing how much they pay to borrow: Survey
Inflation and rising prices are why 31% of Americans said they maxed out their credit cards over the past two…
Stuck on an airport layover? Travel pros reveal the best ways to spend that extra time
If you’re taking to the friendly skies this summer, fall or winter, you may have a planned airport connection —…
Most consumers aren’t sold on the benefits of buy now, pay later: Report
A growing number of consumers struggling to make ends meet are reluctantly turning to buy now, pay later (BNPL) services…
Apple CEO Tim Cook reportedly once received denial for Apple Card
Tim Cook reportedly encountered temporary difficulty early on in obtaining one of Apple’s credit cards. When the Apple CEO tried…
Christmas in July: Shoppers plan bigger spending earlier this holiday, survey says
A July gauge on Christmas shopping showed an increasing number of consumers plan to spend more during the holiday season,…
Parents plan to spend less on back-to-school shopping this year: survey
Concerns about the economy have pushed parents to cut back on back-to-school spending for K-12 students this year, a recent…
American Express reports record spending: ‘We feel really confident’
American Express said Friday that it took in a record $15.1 billion in revenue over the second quarter as consumers…
Credit card debt rising in double-edged sword for the economy
Americans’ credit card debt is on the rise despite high borrowing costs that may tick up further later this year…
New survey sheds light on consumer debt
A recently released survey by Northwestern Mutual demonstrated that Americans who carry personal debt owe an average of $21,800, exclusive…
Loan delinquencies could be early sign of economic trouble: Report
Many Americans who saw their credit scores go up during the pandemic are delinquent on the loans and lines of…
Apple hits $3T in market cap, but changes could be coming to its credit card: report
Tech giant Apple made history Friday by becoming the first publicly-traded U.S. company to end a trading day with a…
Lawmakers reintroduce credit card legislation that may threaten consumers’ rewards
Credit Card Competition Act legislation, which could put consumer's rewards at risk, is being reintroduced in Congress. Sens. Roger Marshall,…
States with highest, lowest credit card debt burdens ranked in new report
A new report by CreditCards.com reveals which states have the highest and lowest credit card debt burdens and where consumers…
Legislative bill seeks to make expanded child tax credit permanent
Legislators in the House of Representatives pushed a bill forward that seeks to restore a COVID-19-era tax break for American…
CFPB warns about side effects of using medical credit cards, loans
Americans facing increasing health care costs are being lured into using alternative debt financing products like medical credit cards and medical…