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.
Americans continue to rack up credit card debt, hitting a ... - CBS News
WEBAug 6, 2024 — U.S. consumers collectively owe a record $1.14 trillion in credit card debt, figures released Tuesday by the Federal Reserve Bank of New York show. That's $27 billion more than the $1.13...
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%.
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.
Credit Card News Articles - Bankrate
WEBAug 28, 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.
This Week In Credit Card News: How AI Could Make Your Card ... - Forbes
WEBMay 23, 2024 — The CFPB will classify “buy now, pay later” apps the same way it treats credit cards, a move meant to afford consumers more protections. Buy now, pay later, or BNPL, apps allow users to make ...
Judge blocks Biden administration rule capping credit card late …
WEBMay 11, 2024 — A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.
Credit card losses are rising at the fastest pace since the Great ...
WEBSep 22, 2023 — Credit card losses are rising at the fastest pace since the Great Financial Crisis. Published Fri, Sep 22 202311:10 AM EDT Updated Sun, Sep 24 202310:21 AM EDT. Michelle Fox @MFoxCNBC. Key...
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...