Americans’ credit card and household debt reach all-time high
Americans' household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New…
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What would be the impact of a credit card interest rate cap?
New legislation in Congress that was introduced by an unlikely duo of senators seeks to impose a credit card interest…
McLaren’s Zak Brown, Mastercard’s Raja Rajamannar tout partnership ahead of Las Vegas Grand Prix
McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las…
Get approved for apartment as first-time renter with these tips
If you are renting an apartment for the first time, there are likely many questions swirling in your mind. You…
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction…
Credit card companies now charging extra fees for paper statements
A new push to move credit card users to a digital statement will now come with a penalty for those…
Texas judge stops Biden Administration rule that caps credit card late fees at $8
The Biden Administration has been trying to create laws and rules that would limit "junk fees" charged by credit card…
Credit card debt is surging as average American owes $6,218
Americans are racking up more credit card debt as they continue to battle high inflation and interest rates. New data published…
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…
Bond King Jeffrey Gundlach warns over US economy as Americans’ debt piles up: ‘Concerning’
As Americans’ debt grows, recession fears are refueled and the Fed grapples with the pressure to cut rates, "Bond King"…
Credit card usage is up as inflation continues to rise
Inflation has steadily been rising in recent years. The Consumer Price Index — a major measure of inflation — rose…
Walmart, Capital One end exclusive consumer credit card agreement
Capital One and Walmart announced Friday that they ended the agreement that made Capital One the exclusive issuer of Walmart's…
Financial dangers of store credit cards can be ‘severe,’ expert warns
Nearly every store has rewards credit cards available for customers, but not all the offers add up to major savings.…