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...
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.
Americans continue to rack up credit card debt, hitting a ... - CBS News
WEBAug 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...
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 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: 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 ...
Credit card losses are rising at the fastest pace since the Great ...
WEBSep 22, 2023 — Credit card losses are rising at the fastest pace since the Great Financial Crisis. Published Fri, Sep 22 202311:10 AM EDT Updated Sun, Sep 24 202310:21 AM EDT. Michelle Fox @MFoxCNBC. Key...
Judge blocks Biden administration rule capping credit card late …
WEBMay 11, 2024 — A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.
This Week In Credit Card News: Pay Your Bill With A Scan Of ... - Forbes
WEBDec 7, 2023 — This year, the stakes feel higher than ever. America faces a crushing credit card burden. The nation’s collective card balance stands at a record $1.08 trillion, as of the end of September.
Biden administration would cap credit card late fees at $8, part of ...
WEBMar 5, 2024 — President Joe Biden is highlighting a proposal to cap all credit card late fees. It’s the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 billion a year.