Credit & Debit

Consumers are increasingly relying on Buy Now, Pay Later services in order to cover the costs of their daily expenses amid the uncertain economic environment.

Auto loan median interest rates sat at about 8% for people with low credit scores, according to a report by CUNA. Here's how you can lower your monthly car payments.

Buy now, pay later users are more likely to rely on other credit products and high-interest rate financial instruments than non-users of BNPL, a recent Consumer Financial Protection Bureau (CFPB) report said.

Visa, Mastercard and American Express are pulling back from partnerships with crypto platforms after FTX and BlockFi going bankrupt rocked the blockchain industry.

Credit card delinquency rates have been trending higher for new credit users, according to a TransUnion report. High inflation and a volatile interest rate environment may cause delinquency rates to increase in the U.S. in 2023. Here’s how to pay down high-interest debt quickly.

U.S. households are racking up debt as they confront rising interest rates and high prices for everyday necessities, according to a WalletHub analysis.

U.S. households are racking up credit card debt as they confront relentlessly high prices for everyday necessities, the New York Federal Reserve reported Thursday.

Americans' credit card debt increased to more than $931 billion in the last quarter of 2022 amid high inflation and rising interest rates. Here’s how to cut down debt and lower your monthly expenses today.

JPMorgan Chase's consumer and commercial arm announced it plans to hire more than 500 small business bankers through 2024 to help customers navigate economic uncertainty.

President Biden's administration will be proposing a series of policy rules intended to lower late credit card payment fees to approximately $8.

GDP increased in the fourth quarter of 2022, according to the latest estimate by the BEA. Despite overall positive economic indicators, Americans are still struggling with inflation and are turning to credit to cover higher expenses.

Investigators are seeing a rise in more card skimmer thefts. These are devices that can steal your banking information from a credit or debit card. Thieves plant them at businesses.

One goal of the new service is to compete with third-party wallet operators such as PayPal Holdings Inc. and Apple Inc.’s Apple Pay, according to people familiar with the matter.

Amidst high inflation and home prices, mounting credit card debt is preventing many Americans from becoming homeowners.

Americans pulled back on spending at restaurants, bars and other retail stores in December as they confronted high inflation and rising interest rates.

Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.

Credit card usage to pay for basic expenses rose among households in December as stubbornly high inflation erodes Americans' savings and purchasing power.

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.

The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.

Many Americans appeared to tighten their holiday shopping budgets amidst high inflation this year.