The Folly of Capping Credit Card Interest Rates
One idea floated in the current presidential race is temporarily imposing price controls on credit card rates, limiting them to ...
Stay informed with the latest news and insights on interest rates, exploring their impact on lending, borrowing, and the broader financial markets in the global economy.
One idea floated in the current presidential race is temporarily imposing price controls on credit card rates, limiting them to ...
Macy’s sent a letter to its card users announcing an increase in the interest rate on its credit card to ...
This earnings season has been closely scrutinized due to concerns about a slower-than-expected economic recovery. Despite interest rates surpassing 7%, ...
Credit card interest rates are consistently higher at large banks than at small banks and credit unions, regardless of the ...
After the challenges of the pandemic, inflation, and surging interest rates, the credit card industry enters 2024 steeling itself for ...
A significant number of Americans are reducing their reliance on credit cards, according to a recent NerdWallet survey, as a ...
Just four days after the launch of the Goldman-Sachs-backed Apple Savings account, users collectively deposited nearly $1 billion, according to ...
High interest rates are making it more expensive for credit cards to offer card loans, squeezing their profits, and putting ...
According to data from peer-to-peer lending platform Plend, the number of people who feel excluded from the UK’s financial services ...
Signature Bank, a NYC-based bank, failed on Sunday and was taken over by the FDIC. It’s the third-largest bank to ...
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