The share of consumers whose rent payments are reported to credit bureaus rose to 13% in 2025, up from 11% in 2024, according to a new survey by TransUnion, one of the three major bureaus. "It's a ...
A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024. The New ...
Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) have made headlines with their groundbreaking $30 billion settlement with U.S. merchants. The settlement effectively ends two decades of antitrust ...
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances ...
BofA Securities analyst Mihir Bhatia said the U.S. premium credit card market is highly lucrative and one of the most competitive card markets in the world. The analyst surveyed 2,555 individuals to ...
A new $8 cap on credit card late fees is touted as helping more than 45 million credit card holders save an average of $220 a year. But will it really? Reviews are mixed for the Consumer Financial ...