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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How to increase your credit score fast
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
GDP increased in the 4th quarter, easing recession fears
Gross domestic product (GDP) increased by 2.9% annualized in the fourth quarter of 2022, according to the first advance estimate…
Biden admin. aims to slash credit card late fees to $8
The White House will propose a rule intended to lower credit card late fees to approximately $8. The Consumer Financial…
27% of consumers in relationships expect Valentine’s Day spending may cause them to rack up credit card debt
Some consumers spending money for Valentine’s Day anticipate doing so for their other half might rack up credit card debt…
Consumer Financial Protection Bureau proposes limiting credit card late fees with latest action
Consumers hit with credit card late fees could get some relief if a law proposed by the Biden administration, capping…
Credit card debt increased to record $931 billion: Here’s how to pay debt quickly
Amid high inflation and rising interest rates, credit card balances increased to $931 billion in the final quarter of 2022,…
Valentine’s Day and finances: Here’s how couples approach discussing money
It may take more than roses for romance to flourish this Valentine's Day – many couples want to talk about…
Consumer credit increased by nearly $30 billion, experts expect record delinquencies in 2023
Consumer credit increased at the end of 2022 amid high inflation and a rising interest rate environment, studies show. Total…
Credit card debt soars to new record as high inflation squeezes Americans
Americans are drowning in credit card debt as uncomfortably high inflation makes the cost of everyday necessities more expensive. In…
Credit card delinquency rates for new users were higher than for those with established credit
In light of a volatile interest rate environment, millions around the globe opened their first credit products in the past…
Visa, Mastercard pause crypto push in wake of industry meltdown
U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after…
DoorDash, Chase launch credit card even as economy slows
DoorDash and Chase, undeterred by the uncertain economy and growing concerns of a recession, have launched their first co-branded credit…
Buy now, pay later users more likely to experience financial distress: CFPB
Consumers using buy now, pay later (BNPL) are likelier to use other credit products and high-interest financial services than non-users…
Higher wages and social security checks led to increase in consumer spending: BofA
An inflation-adjusted boost to social security income and a rise in minimum wages has led to an increase in consumer…
Visa, Mastercard, Discover pause work on code that would track gun purchases
Visa Inc., MasterCard Inc., and Discover Inc., have paused their work on a plan to track when cardholders make purchases…
Many Americans with medical debt struggling to pay bills: Survey
A majority of Americans said that inflation and rising costs has impacted their healthcare purchasing decisions or their ability to…
Expecting a tax refund? Smart ways to use the extra cash
You filed your taxes and your refund is in your hands. So, what do you plan to do with the…