Capital One's purchase of Discover faces political and regulatory hurdles
Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.
How Capital One's acquisition of Discover could impact consumers
Capital One's proposed acquisition of Discover Financial is being met with opposing viewpoints on whether the deal will ultimately help or harm consumers.
Capital One, Discover merger will break Visa-Mastercard 'duopoly,' analysts say
Capital One's $35.3 billion acquisition of Discover Financial would likely renew competition for Visa and Mastercard, which have long dominated the payment processing industry.
Consumer spending and debt are up as US economy begins rebound
Credit card debt rose due to consumer spending, but the economy is starting to rebound also in part to higher spending.
Student loan payments may be to blame for a spike in credit card delinquencies
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
Auto loan delinquencies spiked last year in troubling sign for economy
The number of auto loan borrowers who are falling behind on their bills jumped during the fourth quarter as high borrowing costs squeeze millions of Americans.
Bilt Rewards stops renters from ‘lighting your money on fire,’ founder and CEO Ankur Jain says
Bilt Rewards allows Americans to be rewarded for paying their rent, which is most people’s biggest monthly expense, founder and CEO Ankur Jain told Fox News Digital.
Credit card debt poised to a hit a new record high
New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.
Delta, American Express up card fees and add more perks
Cardholders of American Express and Delta’s six co-branded credit cards will receive new benefits and increased annual fees in changes the companies revealed Thursday.
Many consumers carrying a credit balance know it's a bad idea: survey
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.
Inflation broke Americans' holiday budget – here's how long it will take to pay off debt
Unanticipated holiday spending has pushed some consumers to increasingly rely on personal loans or ask lenders for higher credit card limits, a recent analysis said.
Bilt Rewards announces $200M equity investment, raising valuation to $3.1 billion
Bilt Rewards on Wednesday announced a $200 million equity investment, which thrusts the company's valuation to $3.1 billion as Ken Chenault and Roger Goodell were added to its board.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Credit card delinquencies surge as Americans battle high inflation, interest rates
New data published by the Federal Reserve Bank of Philadelphia shows that the number of Americans falling behind on their credit card payments is rising.
More Americans are racking up credit card debt
A growing number of Americans are relying on credit card debt to make ends meet as they continue to grapple with the rising price of everyday necessities.
Consumers feel more confident about finances and ready to spend money: survey
The WalletHub Economic Index increased by 15% between December 2022 and December 2023, demonstrating that consumers have an improved financial outlook as they enter the New Year.
Americans living paycheck to paycheck own 60% of credit card debt: survey
As of November 2023, 62% of consumers relied on their next paycheck to cover their monthly financial outflows, a recent survey said.
Delinquencies are rising for credit card, auto loans – and it could soon get worse
A new Moody's Analytics report suggests that credit card and auto loan delinquency rates are climbing as more Americans struggle to make their payments.
Most Americans will limit holiday spending to $1000: survey
Most Americans (80%) plan to spend up to $1,000, according to a recent Bank of America survey.
Credit card spending by Americans is 'losing steam'
New Wells Fargo data indicates that credit and debt card volume is "losing steam" as consumers confront still-high inflation and steep borrowing costs.
















