Why you might not want to zero out every credit card
Contrary to common belief, having 1% of your credit limits in use may help your credit score even more than showing 0% usage.
Merchants lost $20.3B to false credit card declines in 2019: Study
Businesses in the U.S. and 3 other countries lost $20.3 billion in 2019 due to false card declines.
American credit card debt plunges during coronavirus pandemic
American credit card debt plummeted during the coronavirus pandemic, dropping below $1 trillion for the first time in years.
How Americans are using credit card rewards during coronavirus: PayPal
In a recent credit card survey, PayPal reported how Americans are using their credit card points during the coronavirus.
Coronavirus caused surge in online fraud, TransUnion finds
The report found the uptick in fraudulent activity may be linked to the increase in "card not present" activity amid a 250 percent surge in digital transactions since the pandemic began.
Wirecard slumps 40% as search for missing billions turns to Philippines
It is the second day of declines for shares of the company
American Express gets nod to start operating card network in China
Company says it is first foreign payment network to be licensed to clear domestic transactions in mainland China
Borrower, beware: credit-card fraud attempts rise during the coronavirus crisis
Fraudsters are increasingly using pilfered credit-card numbers and phishing attacks to prey on overwhelmed consumers and banks during the coronavirus pandemic.
Coronavirus prompts Mastercard to allow staff to work from home until there’s a vaccine
The payment processor is also considering consolidating offices.
The 5 US cities with the best credit scores
Some issuers have said they would waive fees and interest for those struggling in the coronavirus fallout.
Credit card use dropped alongside coronavirus shutdowns, job loss in March
Consumers stopped using their credit cards in March as the coronavirus shut down the economy, according to data from the Federal Reserve.
Mastercard says touchless transactions spiked amid coronavirus worries
Mastercard Inc. President Michael Miebach said contactless transactions increased 40% worldwide in the quarter that ended in March, and he expects those habits to last.
American Express profit sinks 76%
American Express' first-quarter profit plunged 76 percent from a year ago as the financial-services provider set aside $2.6 billion for losses.
If you must go into debt, here's what to consider
While often discouraged by financial planners, more debt might be a necessity given the depths of economic hardship wrought by the pandemic.
Visa, Mastercard could raise swipe fees on many merchants: sources
The changes in some cases would be hardest on small businesses.
Pre-coronavirus credit card debt carried over for 110M Americans
More than 100 million Americans had credit card debt going into the coronavirus pandemic.
Debt snowball method vs. debt avalanche: What’s the difference?
One method saves money, the other may save sanity
LendingTree CEO: Federal Reserve rate cut is helpful for businesses
LendingTree CEO Doug Lebda admitted he's talked to business owners who say coronavirus is having "a major, major impact" on them, especially if their companies' supply chains are in Asia.
Mastercard chooses insider to replace CEO Ajay Banga
Ajay Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor's revenue triple during his tenure.
What factors determine your credit score?
These are the five factors that go into calculating a credit score.