How to create a holiday credit card payback plan
Once you have your list of how much you owe and to whom, and interest rates on your credit cards, start your pay-pack plan. You may want to consolidate your holiday debt.
Inflation has consumers increasingly interested in cash-back shopping rewards: survey
Most respondents (80%) ranked the ability to earn cash-back on purchases as their number one preferred method of receiving rewards and 85% said they want their banks to offer cash-back rewards programs for online shopping, the survey said.
Credit scores steady, but auto, credit cards flash warning
Credit scores remained relatively steady in November, while auto loan delinquency rates and average credit card balances saw YOY increases, VantageScore found.
FTC orders Mastercard to stop blocking competitor debit payments
The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.
Credit card balances hit record high amid inflation: TransUnion
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
Pro-business group launches seven-figure ad campaign blasting proposed credit card reward points 'ban'
A GOP pro-business group is pushing back on an attempt by Congress to "ban" credit card reward points with a massive ad campaign to highlight the proposal's effect on hotels and businesses.
Middle-class households use credit cards to fill income gap: survey
A growing number of middle-class households are turning to credit cards and taking on debt to make ends meet, a Primerica survey said.
Dick Durbin is coming for your credit card rewards
Dick Durbin's Credit Card Competition Act purports to increase competition in the credit card industry. In reality, it would do the opposite.
Inflation pushes more shoppers to budget this holiday season: survey
Inflation and rising prices have more consumers feeling anxious and sticking to a budget to avoid overspending this holiday season, a survey said.
Holiday shopping tips: How to be financially smart this season
Although holiday deals are enticing, shoppers can get into a bad habit of spending over their means even with discounts, which will put them in a bad spot come January.
Holiday shopping expected to reach over $1 trillion as inflation surges
Holiday shopping is expected to increase by 7% to nearly $1.3 trillion, a new forecast says. Here’s how to stay on track with your finances this holiday season.
Inflation won't slow holiday shopping for many consumers, survey says
Rising costs have led many consumers to cut their expenses to make room for holiday spending in 2022, a recent survey said
American Express customers complain about several problems, company says system is restored
American Express said Friday that some of its cardholders are having problems using their credit cards and that they were working to "resolve" the problem.
Inflation leads more Americans to live paycheck-to-paycheck: survey
Americans are increasingly living paycheck-to-paycheck as a way to deal with rising monthly costs, a recent LendingClub and PYMNTS survey said.
Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report
Total household debt increased by more than $300 billion across credit cards, mortgages and more in the third quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt
Growing number of retirees spending more than they can afford: survey — here’s how to save in retirement
More than a quarter (27%) of retirees are spending more than they can afford in 2022, according to a survey from the Employee Benefit Research Institute (EBRI).
Holiday shopping: Credit cards with the best rewards
WalletHub ranked some of the best credit cards for shopping as the holiday season kicks off. The cards offer a variety of rewards and cash bonuses for consumers squeezes by inflation.
Holiday shopping: Consumers lean on store credit cards to offset financial burden
An increasing number of consumers are considering signing up for a store credit card in order to get through the holiday season set against high inflation.
Inflation causes largest pay cut for Americans in 25 years, data shows
As Americans see their purchasing power get squeezed out by inflation, here's what you can do to stay on track.
Credit card balances reach record $866B as consumers battle economic headwinds
Consumers are leaning on credit cards and personal loans in an effort to offset the financial pressures caused by high inflation and high interest rates.