credit card debt

U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Credit Cards Top The Risks List In Fed Stress Tests
Credit Cards Top The Risks List In Fed Stress Tests
June 26, 2017  |  Report

The Federal Reserve’s most recent annual stress test — the Comprehensive Capital Analysis and Review — revealed that credit cards rank at the top of...

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Credit Card Charge-Offs Reach Highest Rate Since 2009
Credit Card Charge-Offs Reach Highest Rate Since 2009
June 09, 2017  |  Debt

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...

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FTC, Florida AG Shut Down Robocall Ring Offering Fake Credit Card Services
FTC, Florida AG Shut Down Robocall Ring Offering Fake Credit Card Services
June 06, 2017  |  Loans

A federal district court judge has entered eight orders against a web of Orlando-based individuals and companies that bombarded consumers with illegal robocalls for worthless credit...

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Debt Collection, Made Easier And … Gentler?
Debt Collection, Made Easier And … Gentler?
May 09, 2017  |  Data Drivers

Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...

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Sizzle Fizzle: Cash Is King, Bitcoin Slumps And Google Notches A Big Earnings Win
Sizzle Fizzle: Cash Is King, Bitcoin Slumps And Google Notches A Big Earnings Win
April 28, 2017  |  Sizzle/Fizzle

Another exciting week as cash manages a surprise sizzle, Wave runs on Dunkin’ and small banks get a shot at regulatory relief. Looking less fizzy...

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Credit Card Debt Tops $1 Trillion
Credit Card Debt Tops $1 Trillion
April 11, 2017  |  Payment Methods

Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. According...

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US Credit Card Debt Revisits Previous Highs at $1T
US Credit Card Debt Revisits Previous Highs at $1T
April 10, 2017  |  Consumer Finance

In the U.S., at least, debt is no four-letter word. The $1 trillion level has been attained for credit card debt within the country, with...

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FCA Proposes New Rules To Help Credit Card Debt Holders
FCA Proposes New Rules To Help Credit Card Debt Holders
April 04, 2017  |  Consumer Finance

The Financial Conduct Authority (FCA) announced Monday (April 3) it is proposing new rules to help customers who have ongoing credit card debt. In a...

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