Revolving consumer credit debt continue to hover at the $800 billion level in February as Americans added $800 million from the prior month. On an annual basis, revolving consumer credit, mostly credit card debt, grew by a rate of 1.2%.
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Bankruptcy filings nose-dived in the first three months of this year, falling 73% compared to one-year ago and down six-fold sequentially. The number of filings in the first quarter is the lowest number of quarterly filings in the last 20 years.
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A recent consumer survey shows that one-third of consumers don't read or don't understand the credit card disclosure chart in the mail offers they receive. More than 20% of respondents had trouble locating critical terms and other pertinent information.
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Shell has added octane to their gas credit card. The card, which is sporting a new translucent format, is giving away gift cards to new cardholders. If you sign-up for the card between now and June 19th you will be eligible to receive a $25 gift card.
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A new survey shows that nearly 80% of Americans would rather receive a gift card to their favorite retailer than any other kind of gift. The research also showed that 91% of adults who had received holiday gift cards had redeemed them before the end of ...
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