Dimon slams mortgage regulations for pushing rates higher, hurting lower-income homebuyersMay 30, 2025
Consumer watchdog warns companies against devaluing credit card rewards, launches tool to avoid scams Banks & Cards May 24, 2025 A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points…
US credit card defaults soar to highest level in 14 years Banks & Cards May 23, 2025 Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam…
How credit card swipe fees are affecting shoppers Banks & Cards May 22, 2025 Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household…
Capital One outage day 2: Thousands are still not getting payments Banks & Cards May 21, 2025 Capital One’s technical outage which had been impacting the processing of some deposits, payments and transfers – has dragged on…
Josh Hawley, Bernie Sanders propose capping credit card interest rates at 10% Banks & Cards May 20, 2025 A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to…
What would be the impact of a credit card interest rate cap? Banks & Cards May 19, 2025 New legislation in Congress that was introduced by an unlikely duo of senators seeks to impose a credit card interest…
Americans’ credit card and household debt reach all-time high Banks & Cards May 18, 2025 Americans’ household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according…
Older Americans amassing credit card debt to cover expenses, AARP finds Banks & Cards May 17, 2025 Nearly half of Americans aged 50 and older with credit card debt are using credit cards to cover basic living expenses,…
Travel experts break down the top credit cards to maximize summer vacation savings Banks & Cards May 16, 2025 The busy summer travel season will soon get underway at a time when consumer wallets continue to be stretched. Spending…
Student loan delinquencies surge, sending credit scores plunging for borrowers Banks & Cards May 15, 2025 A new report from the New York Federal Reserve found that while Americans’ credit card debt is falling, an uptick…