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...
Credit Cards
Credit card debt poised to smash another record high
Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost...
Americans are carrying a record amount of household debt
Americans racked up more debt at the beginning of 2024 – and a growing number of households fell behind on...
US regulators investigate credit card rewards 'bait and switch' schemes
Federal officials on Thursday announced that they are investigating "bait and switch" schemes associated with credit card rewards and travel...
Gen Z lean on credit more than millennials did and racking up more debt
The latest crop of young adults in the U.S. is leaning more on credit than the generation before, and experts...
Small businesses are racking up credit card debt, raising some concerns
Small businesses are increasingly turning to credit cards as a key source of funding as they continue to grapple with...
76% of buy now, pay later users said it helped improve their financial situation but beware of risks: survey
A growing number of consumers who use buy now, pay later (BNPL) services and are attracted to their ease of...
Many personal loan borrowers rely on loans for everyday expenses as cost of living grows
The personal loan market is growing, in part due to the high cost of living. About 14.5% of borrowers use...
1 in 3 Americans maxing out credit cards because of inflation: survey
Economic hardship is causing more people to rely on credit to cover living expenses, and some have even maxed out...
Credit card delinquency rates hit worst level on record
Americans are drowning in credit card debt. New data published by the Federal Reserve Bank of Philadelphia shows that a...
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