This Week In Credit Card News: Big Changes Could Be Coming To ... - Forbes
WEBMay 16, 2024 · Visa announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards...
Credit cards are charging more 'excess' interest than ever, CFPB says
WEBFeb 22, 2024 · Credit card companies are hiking rates to record highs to pad their profits, according to a new Consumer Financial Protection Bureau report.
This Week In Credit Card News: A Setback For Buy Now, Pay Later …
WEBJul 11, 2024 · Now overdue credit card debt is climbing to its highest level in more than a decade. Those under 35 years old are struggling the most with interest rates topping 22%.
Credit Card News Articles - Bankrate
WEBAug 27, 2024 · The editors at Bankrate are dedicated to delivering timely, accurate, and reliable news to credit card consumers. See the latest stories from the credit card industry here.
The U.S sharply cuts how much credit cards can charge in late fees - NPR
WEBMar 5, 2024 · The Consumer Financial Protection Bureau issued a new rule Tuesday capping late fees on credit cards, a move designed to save customers an estimated $10 billion a year. Critics promised a lawsuit.
More Americans are falling behind on credit card bills : NPR
WEBMay 14, 2024 · Credit card delinquencies have returned to pre-pandemic levels, despite rising wages and a low unemployment rate. Rising rates of delinquency when both the labor market and the economy are...
How the Fed rate cut can help you tackle credit card debt
WEB2 days ago · The Fed's rate cut could make it a lot easier to get rid of your high-rate card debt. Getty Images This week, the Federal Reserve made headlines by conducting its first rate cut of 2024.
Visa and Mastercard agree to $30 billion settlement that will lower ...
WEBMar 26, 2024 · Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have agreed to settle a decadeslong antitrust case brought upon by...
This Week In Credit Card News: Consumers Falling Into Record ... - Forbes
WEBNov 16, 2023 · Some are falling behind. About 28% of card users say they find it difficult to make the minimum payments on their credit cards and 14% say they've missed a payment this year. On average,...
Total credit card debt in the US just reached a new record - USA TODAY
WEBFeb 7, 2024 · Credit card debt, the amount owed by all Americans on their credit cards, rose to a record $1.13 trillion at the end of last year, the Federal Reserve Bank of New York reported Tuesday. Card...