Interest Rates

Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility

Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
October 10, 2019  |  Loans

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...

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Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

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UK Credit Card APR Soars To Nearly 25 Pct.
UK Credit Card APR Soars To Nearly 25 Pct.
September 17, 2019  |  Debt

Interest rates on credit card balances in the U.K. are the highest they have been in 13 years, according to a report by the Financial Times....

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US Bank Dials Back Growth Forecasts
US Bank Dials Back Growth Forecasts
September 12, 2019  |  Banking

To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term....

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Global Debt Spike Has Some Central Bankers Worried
Global Debt Spike Has Some Central Bankers Worried
September 09, 2019  |  Economy

As the U.S.-China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported...

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Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
September 03, 2019  |  International

Japan’s struggling regional banks are taking on riskier investments as they struggle to survive. Get the Full Story Complete the form to unlock this article...

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Negative Rates Have Danish Banks Snapping Under Pressure
Negative Rates Have Danish Banks Snapping Under Pressure
August 28, 2019  |  International

Seven years of negative central bank rates in Denmark have financial institutions in a tailspin, Bloomberg reported on Wednesday (Aug. 28). Get the Full Story...

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Near-Record Low Rates Trigger Refi Wave Among US Homeowners
Near-Record Low Rates Trigger Refi Wave Among US Homeowners
August 18, 2019  |  Loans

U.S. mortgage refinancing is on the uptick as fears about fluctuating global markets cause a drop in interest rates, the Financial Times reported Sunday (Aug....

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Negative Interest Rates And Negative Ripple Effects
Negative Interest Rates And Negative Ripple Effects
August 16, 2019  |  Loans

Please take out a loan. Stimulate the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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