Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants said the issuers could likely handle a "substantially greater" settlement.
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants over swipe fees assessed on customers' transactions.
Most travelers trying to keep frugality in mind when planning summer travel: Experian
Gen Zers may be willing to spend on travel to live events, but most consumers remain frugal when planning their summer trips.
Many consumers stay with their banks for years unless persuaded by other bank incentives
AI and online-only perks aren't what some bank customers wants, but satisfaction with brick-and-mortar banks is declining.
Biden admin to ban medical debt from credit reports, loan decisions: reports
The Biden administration will propose a new rule to ban credit score companies from considering medical debt when they compile Americans' credit reports.
Credit card spending the leading reason why 78% of Americans have debt regret: survey
Roughly 78% have a financial regret, with 21% saying they most lamented "charging up too much credit card debt," according to the Debt.com survey.
Visa changes coming this year will mean fewer cards for Americans
Visa says it has "reinvented" the card, and Americans will soon be able to make payments from multiple credit and debit account options using a single card.
New survey sheds light on how small business owners are staying resilient amid uncertainty
A new survey of small business owners by Capital One found offered insights into how they deal with adversity and stay resilient despite the stresses that come with running a business.
Credit card delinquencies are surging
New York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of worsening financial stress.
Expert offers financial planning tips for new college grads
New college graduates entering the workforce face financial decisions from managing student loan debt, building credit, saving for retirement, building emergency funds and more.
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.
Financial coach warns Americans' credit score drop points to 'uncertain economic times'
Finance coach Jeannie Dougherty warns the decline in the average credit score of Americans is evidence of these "uncertain economic times," and explains what is happening.
Credit scores fall for the first time in a decade as Americans struggle to save, keep up with payments
Credit scores have fallen for the first time in a decade as consumers struggle to make payments on time and save money, according to a recent report from FICO.
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.
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.
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.
Credit card debt smashed another record high at the end of 2023
Credit card debt surpassed another record at the end of December as American consumers continued to rely on their cards to pay for everyday necessities.
Student loan boycotts can't stand. Here's how we make them pay up
Borrowers' current strategy involves a literal "boycott" of repayments, a concerted effort to compel the federal government to annul federal student loan debt.
Online holiday spending reaches record $222B, driven by buy now, pay later options
Usage of buy now, pay later spending options hit an all-time high over the 2023 holiday season as many Americans sought out more flexible payment options.