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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Even as the economy in the United States softens, Citigroup has been making a push for credit cards. The company is said to be among the most aggressive zero-interest balance transfer promoters, Reuters reported. Get the Full Story Complete the form to unlock this article...
The cost of higher education lingers, stymieing borrowers (and their parents) as they navigate their financial lives. Employees job hop, chasing higher paychecks to pay down debt. Employers are stepping in to offer benefits programs pay debt down faster — benefits that pay off, Tuition.io...
An increasing number of Americans are struggling to keep up with their student loan and credit card debt, Reuters reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Chase Bank credit card customers in Canada were treated to an unusual gift when the lender forgave their outstanding debt, Fortune reported on Thursday (Aug. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
DeepMind, an artificial intelligence company based in London that Google bought for £400 million ($486 million) in 2014, is deeply in debt and owes its parent company, Alphabet, upwards of £1.04 billion ($1.26 billion), according to a report by the Financial Times. Get the Full...
More than a quarter of consumers have one debt in collections, according to data from the Consumer Financial Protection Bureau. A large swath of that is tied to medical debt — but it depends on who is trying to collect, according to a recent agency study.
Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since the end of 2007. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
