Consumer credit grew at a seasonally adjusted rate of 5.7% in April. Revolving credit increased at an annual rate of 13.1% during the month, while...
Credit cards have been a lifeline in the current inflation-fueled economy. But for the consumers who have been using their credit cards to cover a...
We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt....
When Visa Installments was launched in Australia last week with ANZ bank and Quest Payment Systems, it was seen as a sign that large global...
Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a...
By the numbers, Americans are not a very financially literate people. According to a Standard & Poor’s Global Financial Literacy survey only about 57 percent...
The Federal Reserve released numbers this week that showed an annual percentage rate increase of 3.1 percent as measured in June, a moderated pace from...