76% of buy now, pay later users said it helped improve their financial situation but beware of risks: survey
Over a third (34%) of respondents said they liked BNPL because it allowed them to pay for purchases over time without paying interest, and 22% liked the option because it was easier to access than credit cards, according to the Achieve survey.
Many personal loan borrowers rely on loans for everyday expenses as cost of living grows
14.5% of borrowers use personal loans for everyday expenses as everyday costs grow.
Credit card delinquency rates hit worst level since 2012 in new Fed data
A growing number of Americans are struggling to make their credit card payments every month as they continue to battle high inflation and interest rates.
1 in 3 Americans maxing out credit cards because of inflation: survey
The majority of Americans who have maxed out their credit cards said they did it because of price increases from inflation, a recent survey from Debt.com said.
Chase allowing advertisers to target customers based on purchases
Chase has launched a new platform, Chase Media Solutions, that allows marketers to target the bank's 80 million customers with ads based on their purchase histories.
Americans are draining their retirement accounts, racking up debt due to high inflation
The inflation crisis is forcing a growling number of Americans to rack up credit card debt and tap their retirement savings, according to a new study.
Six moves you’re making that can ruin your credit score
Even people with favorable credit scores and those who practice sound money habits can sometimes make foolish choices when it comes to their credit scores.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Credit scores decreased for first time in a decade as borrowers miss payments
Missed payments and high levels of inflation has led to lower credit scores for consumers.
Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Swipe fees are growing more costly for retailers and consumers, but the Fed is attempting to lower them.
High debt is causing more consumers to live paycheck-to-paycheck
Both high-income and low-income consumers are facing higher levels of debts, causing more people to live paycheck-to-paycheck.
Best rewards credit cards where you can use points toward things like travel, cash back
With a rewards credit card, you can easily earn points for the money you are spending. This guide is full of the best of the best in point-based rewards credit cards.
CFPB finalizes rule capping credit card late fees at $8 on average
A new CFPB rule caps credit card late fees to 25% of the required payment and ends the automatic inflation adjustment for these charges.
Credit card balances surge past trillion dollar mark as Americans struggle to build savings
Credit card balances surged in the fourth quarter, but new card originations slowed as banks tightened lending standards, according to a recent TransUnion report.
Credit card late fees capped at $8 under new Biden admin rule
The Consumer Financial Protection Bureau finalized a rule Tuesday that will cap all credit card late fees at $8, a move that could save families millions.
Credit card interest rates predicted to fall, but debt remains high
Credit card debt and consumer debt as a whole is growing, but interest rates are predicted to drop this year.
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.