This Week In Credit Card News: Big Changes Could Be Coming To ... - Forbes
May 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 in...
This Week In Credit Card News: Retailers Raised Their Card’s
1 day ago · Half of U.S. credit card holders will open a new card or max out cards for holiday spending, a CreditCards.com study shows. Despite 53% of respondents carrying credit card debt, and 22% owing ...
Credit Card News Articles - Bankrate
Oct 29, 2024 · From rate updates to limited time offers, we cover the full spectrum of credit card news. Our editors are industry experts who are dedicated to keeping our readers informed. View current...
Credit card debt hits record $1.17 trillion, New York Fed finds
Nov 13, 2024 · Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. …
Credit cards are charging more 'excess' interest than ever, CFPB says
Feb 22, 2024 · Credit card companies are hiking rates to record highs to pad their profits, according to a new Consumer Financial Protection Bureau report.
The U.S sharply cuts how much credit cards can charge in late fees - NPR
Mar 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.
This Week In Credit Card News: Consumers Falling Into Record ... - Forbes
Nov 16, 2023 · U.S. Credit Card Balances See Largest Yearly Leap on Record. The resilient consumer has kept the US economic engine running, but it’s coming at a big cost: Americans are piling up record...
Credit card debt and delinquencies are on the rise, reports find
Aug 8, 2024 · Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per consumer stands at …
Visa and Mastercard agree to $30 billion settlement that will ... - CNN
Mar 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...
Americans continue to rack up credit card debt, hitting a ... - CBS News
Aug 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...