The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
(WDBJ) - A ten-percent cap on credit card interest... it sounds great, but can it actually fix America’s debt problems? President Donald Trump is calling on the credit cap to be in effect starting ...
A proposed one-year cap on credit card interest rates backed by President Donald Trump could reduce borrowing costs for some consumers but also limit access to credit, pressure bank profits and ...
Trust and money rarely mix cleanly, but few stories capture the fallout as starkly as the young woman who let her mother put a single bill on her credit card and ended up with $6,000 in debt and a ...
Beginning April 18, 2026, New York State employers will be restricted from using an applicant’s or employee’s consumer credit information when making employment-related decisions. S.B. 3072, signed by ...
As the new year approaches, financial counselors say millions of Americans struggling with credit card debt still have options to regain control. Roughly half of U.S. households carry some level of ...
Forbes contributors publish independent expert analyses and insights. Pam Kaur covers fintech and bank tech innovation and regulation. U.S. consumers are expected to spend near record levels this ...
Banks see room for consumer credit to continue rising Higher workforce and economic strength viewed as drivers Bad debt ratios tick higher but far below 2008-09 levels Spanish government to set caps ...
Google is expanding its push into consumer finance in India with the launch of a UPI-linked credit card, betting on a country of more than 1.4 billion people where fewer than 50 million currently hold ...
CFA urges the CFPB to withdraw the proposal and reaffirm the Equal Credit Opportunity Act The Consumer Federation of America (CFA) is urging the Consumer Financial Protection Bureau (CFPB) to abandon ...
ROCHESTER, N.Y. — As the holiday season approaches, Americans are expected to spend nearly $900 on gifts, food, and decorations, according to the National Retail Federation. This amount is slightly ...
The average VantageScore credit score was 701 in October, within a scale of 300 to 850. That's steady from a month earlier, and down just one point from October 2024. VantageScore CEO Silvio Tavares ...