Capital One outage day 2: Thousands are still not getting payments Banks & Cards May 21, 2025 Capital One’s technical outage which had been impacting the processing of some deposits, payments and transfers – has dragged on…
Josh Hawley, Bernie Sanders propose capping credit card interest rates at 10% Banks & Cards May 20, 2025 A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to…
What would be the impact of a credit card interest rate cap? Banks & Cards May 19, 2025 New legislation in Congress that was introduced by an unlikely duo of senators seeks to impose a credit card interest…
Americans’ credit card and household debt reach all-time high Banks & Cards May 18, 2025 Americans’ household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according…
Older Americans amassing credit card debt to cover expenses, AARP finds Banks & Cards May 17, 2025 Nearly half of Americans aged 50 and older with credit card debt are using credit cards to cover basic living expenses,…
United increases airport lounge fees to counter overcrowding Banks & Cards May 16, 2025 United Airlines announced Monday that it’s increasing the fees on its rewards cards that allow access to its airport lounges…
Credit card rewards are about to vanish, and guess who’s to blame? Banks & Cards May 15, 2025 With summer vacations just around the corner, millions of Americans are getting ready to cash in their hard-earned credit card rewards: points, miles and…
Judge tosses Biden-era credit card late fee rule: What to know Banks & Cards May 14, 2025 A federal judge threw out a U.S. Consumer Financial Protection Bureau (CFPB) rule Tuesday that capped all credit card late…
Products such as Credit Karma and NerdWallet benefit consumers, do not harm them: report Banks & Cards May 13, 2025 As technology has advanced, various tools have been created to help people with lower credit scores or limited credit history…