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: 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...
Why are credit card interest rates still so high right now?
WEB21 hours ago — Credit card rates are still at record highs despite the recent Fed rate cut — and there are a few reasons for it. Getty Images Credit card debt is a growing issue nationwide — with the total ...
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 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.
Credit card debt and delinquencies are on the rise, reports find
WEBAug 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 $6,329, up 4.8% year over year...
Federal judge rejects $30 billion settlement between Visa ... - CNN
WEBJun 25, 2024 — Mastercard and Visa, two of the world’s largest credit card networks, reached their proposed multi-billion antitrust settlement with US merchants in March. The settlement would lower swipe fees,...
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 ...
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...
This Week In Credit Card News: Consumers Falling Into Record ... - Forbes
WEBNov 16, 2023 — Some are falling behind. About 28% of card users say they find it difficult to make the minimum payments on their credit cards and 14% say they've missed a payment this year. On average,...
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