GDP increased in the 4th quarter, easing recession fears
GDP increased in the fourth quarter of 2022, according to the latest estimate by the BEA. Despite overall positive economic indicators, Americans are still struggling with inflation and are turning to credit to cover higher expenses.
How to increase your credit score fast
Need to boost your credit score? Keep reading to learn about how to build your credit score fast.
Law enforcement seeing rise in card skimmer thefts
Investigators are seeing a rise in more card skimmer thefts. These are devices that can steal your banking information from a credit or debit card. Thieves plant them at businesses.
Banks plan payment wallet to compete with PayPal, Apple Pay
One goal of the new service is to compete with third-party wallet operators such as PayPal Holdings Inc. and Apple Inc.’s Apple Pay, according to people familiar with the matter.
Credit card debt prevents nearly 20% of Americans from becoming homeowners
Amidst high inflation and home prices, mounting credit card debt is preventing many Americans from becoming homeowners.
9 of the best debt consolidation companies
Lower your total cost or monthly payment with better terms and rates. Learn more here.
Decade-high credit card, personal loan delinquency rates coming in 2023: TransUnion
TransUnion forecasted serious credit card and personal loan delinquencies will rise in 2023. Here's how you can pay down debt.
Study claims wealthy blue state is America's most affordable, beating states thousands are moving to
WalletHub released their 2023 analysis: "2023's Best & Worst States to Raise a Family" and determined that affluent blue states were the most affordable for families
Credit card debt carried over monthly is most common type of debt: AARP
Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.
Credit card debt on the rise: Here’s the ‘best weapon in your arsenal’ to fight it
LendingTree chief credit analyst Matt Schulz discussed how to battle credit card debt amid high inflation.
Debt relief industry sees surge as credit card balances swell
Debt.com chairman Howard Dvorkin says demand for debt relief is up across the industry as more Americans rely on credit cards to make ends meet amid high inflation.
More Americans turning to credit cards to cover basic expenses as inflation rages
Credit card usage to pay for basic expenses rose among households in December as stubbornly high inflation erodes Americans' savings and purchasing power.
How to create a holiday credit card payback plan
Once you have your list of how much you owe and to whom, and interest rates on your credit cards, start your pay-pack plan. You may want to consolidate your holiday debt.
Inflation has consumers increasingly interested in cash-back shopping rewards: survey
Most respondents (80%) ranked the ability to earn cash-back on purchases as their number one preferred method of receiving rewards and 85% said they want their banks to offer cash-back rewards programs for online shopping, the survey said.
Credit scores steady, but auto, credit cards flash warning
Credit scores remained relatively steady in November, while auto loan delinquency rates and average credit card balances saw YOY increases, VantageScore found.
FTC orders Mastercard to stop blocking competitor debit payments
The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.
Credit card balances hit record high amid inflation: TransUnion
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
Pro-business group launches seven-figure ad campaign blasting proposed credit card reward points 'ban'
A GOP pro-business group is pushing back on an attempt by Congress to "ban" credit card reward points with a massive ad campaign to highlight the proposal's effect on hotels and businesses.
Middle-class households use credit cards to fill income gap: survey
A growing number of middle-class households are turning to credit cards and taking on debt to make ends meet, a Primerica survey said.
Dick Durbin is coming for your credit card rewards
Dick Durbin's Credit Card Competition Act purports to increase competition in the credit card industry. In reality, it would do the opposite.