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CFPB Official Urges Consumers to Consider Small Credit Card Issuers

CFPB Official Urges Consumers to Consider Small Credit Card Issuers
CFPB Official Urges Consumers to Consider Small Credit Card Issuers
May 08, 2024  |  Credit Cards

Consumers should proceed with caution when selecting their next credit card, according to a recent blog post from the Consumer Financial Protection Bureau (CFPB). Get the...

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Are Co-Branded Credit Cards Facing an Existential Crisis?
Are Co-Branded Credit Cards Facing an Existential Crisis?
May 07, 2024  |  Consumer Finance

General-purpose credit cards dominate the consumer credit card landscape. In fact, about 2.5 times more consumers hold general-use credit cards than either co-branded credit or...

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Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
November 21, 2023  |  Credit Unions

National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share...

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Fed Data Shows Overall Consumer Credit Slows but Revolving Debt Grows  
Fed Data Shows Overall Consumer Credit Slows but Revolving Debt Grows  
July 10, 2023  |  Consumer Finance

For the U.S. consumer, call it a case of digesting the debt that’s already on the books. Get the Full Story Complete the form to...

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93% of Credit Card Users Like It When Their Bank Supports Local Charities
93% of Credit Card Users Like It When Their Bank Supports Local Charities
June 13, 2023  |  Banking

Charity begins at home, or at least the general area of one’s home, and consumers show a penchant for supporting financial institutions (FIs) and banks...

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 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
May 11, 2023  |  Payment Methods

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Millennials’ Need for Credit and Financial Inclusion Offers Opportunity For FinTechs
Millennials’ Need for Credit and Financial Inclusion Offers Opportunity For FinTechs
May 09, 2023  |  Consumer Finance

Alternative data and scoring models can help deepen financial inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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42% of Consumers Volunteer Time, Donate Money to Local Charities
42% of Consumers Volunteer Time, Donate Money to Local Charities
July 28, 2022  |  Consumer Finance

Consumers who donate money to local charities tend to spend more money with local businesses as well. Get the Full Story Complete the form to...

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