Driven by robust holiday sales, revolving consumer credit debt picked-up in January as Americans added $1.8 billion from the prior month. On an annual basis, revolving consumer credit, mostly credit card debt, grew by a rate of 2.6%.
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A new study reveals that 22% of the 10.2 million Americans that do not have a bank account have used a credit card in the past three months. The research showed that VISA is the most widely used card among the unbanked and that store credit cards were more ...
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The second-largest home improvement retailer in the world has launched a new card that gives consumers a six-month project window to make as many purchases as they like without incurring any interest or required payments. Lowe's and GE Consumer Finance have ...
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Monthly payment rates, the amount that cardholders pay on their credit card debt, soared in January to a record level, approaching 20%. The big increase was primarily driven by higher minimum payments and to a lesser extent by rising interest rates.
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Interest rates charged on variable rate credit cards have climbed three times more than fixed rates cards. In a rising interest rate climate, fixed rate cards are always a great deal if you can find them.
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An up and coming low fare airline has added a frequent flyer program and credit card to its fleet. Spirit Airlines this week launched its "Free Spirit" loyalty program that includes a mileage-earning MasterCard.
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Showing entries 11 - 16 of 16
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