credit limits

Nearly One-Third of Consumers Say Higher Credit Limits Will Boost BNPL’s Appeal
Nearly One-Third of Consumers Say Higher Credit Limits Will Boost BNPL’s Appeal
October 13, 2023  |  Buy Now Pay Later

Consumers are increasingly seeking flexible and convenient payment options, leading to the rising popularity of deferred payment plans such as credit card installment plans and...

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Tough Times in Consumer Credit Could Push Some Americans to Nontraditional Lenders
Tough Times in Consumer Credit Could Push Some Americans to Nontraditional Lenders
June 08, 2020  |  Economy

April wasn’t a good month for consumer-credit use. According to the latest Federal Reserve data, U.S. consumer borrowing dropped 19.6 percent — its fastest decline...

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US Household Debt Hits All-Time High
US Household Debt Hits All-Time High
May 05, 2020  |  Debt

Household debt has risen substantially in 2020 thus far, shooting up to $14.3 trillion, a number bypassing the height of the Great Recession by $1.6...

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Card Companies Cut Credit Lines As Customers Skip Payments
Card Companies Cut Credit Lines As Customers Skip Payments
April 23, 2020  |  Coronavirus

Hard times are hitting many people where it hurts – right in the credit cards they carry in their wallets or eWallets. Customer spending limits...

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Goldman CEO Denies Claims Of Apple Card Credit Biases
Goldman CEO Denies Claims Of Apple Card Credit Biases
November 21, 2019  |  Payment Methods

David Solomon, the CEO of Goldman Sachs, is denying claims that gender bias is apparent in the algorithm it uses to determine credit limits for...

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Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits
Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits
November 12, 2019  |  Apple

Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. “We have not and...

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Apple’s Wozniak Accuses Apple Card Of Discrimination
Apple’s Wozniak Accuses Apple Card Of Discrimination
November 11, 2019  |  Apple

Apple Co-founder Steve Wozniak said Apple gave him a credit limit 10 times higher than they gave his wife after they both applied for an...

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Data Dive: Walking The Walk Edition
Data Dive: Walking The Walk Edition
November 05, 2018  |  Data Dive

There is an election in the U.S. tomorrow, a hotly contested one on many fronts. In the months leading up to it, the world has...

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