consumer credit

globe

Fitch Highlights More Risks to Emerging Markets and High-Yield Credit

Fitch Ratings has released its latest global credit outlook. The good news is that overall credit ratings outlooks are said to be improving in most sectors in developed market regions. ...
Read Full Story »
headlights

Consumer Credit Rises on Strong US Auto Sales

The Federal Reserve on Monday released its preliminary report on consumer credit for the month of October 2015. Consumer credit rose 5.5% in October, well below the 9.9% growth posted ...
Read Full Story »
AmEx

American Express Kicks Off Deal With Sam’s Club

American Express Co. (NYSE: AXP) announced Thursday morning that it has reached an agreement with Wal-Mart Stores Inc. (NYSE: WMT) under which Wal-Mart’s Sam’s Club stores will begin accepting Amex ...
Read Full Story »
credit cards

Credit Managers Showing High Concerns in Monthly Credit Report

The monthly reports from the National Association of Credit Management (NACM) rarely get noticed at all by investors and economists, but this should be watched closer than it is currently. ...
Read Full Story »
Credit cards

Consumer Credit Rose Again in July

The American consumer base is taking on more debt. While nowhere near a concern, the Federal Reserve released its July 2015 Consumer Credit report showing that credit rose by 6.7% ...
Read Full Story »
Credit cards

Are Credit Cards a Good Thing for Students?

While students have long been advised “neither a borrower nor a lender be,” there may be good reasons for them to consider getting a credit card these days. The credit ...
Read Full Story »
Credit cards

Worst Credit Cards in America

Most consumers know that all credit cards are not created equal. And separating the bad from the good can be tricky, especially because the card issuers are constantly beating the bushes ...
Read Full Story »
credit cards

Credit Card Issuers Show Growing Appetite for New Fees

The average credit card in the United States carries a total of six different fees. The greatest number of fees charged by any issuer totals 12. Some are common -- ...
Read Full Story »
Credit cards

Consumers Start Borrowing More

The Federal Reserve releases its report on consumer credit with a one-month lag, but there may finally be some good news for the economy here on this front. March saw ...
Read Full Story »
Amex Plenti Card

American Express Desperation Loyalty Card

American Express Co. (NYSE: AXP) announced Monday morning that it is now offering a co-branded credit card with a new, U.S.-based “loyalty coalition” called Plenti. The new program, which is ...
Read Full Story »
Credit cards

What Is the Right Age to Get a Credit Card?

More than a third of 18- to 29-year-olds (affectionately known as millennials) do not have a credit card. Whether that is due to choice or legal restrictions is arguable, but ...
Read Full Story »
credit cards

Fees for Prepaid Cards Vary Widely — and Wildly

From a total of 10 million prepaid debit and payroll cards in use in 2010, an estimated total of 25.6 million such cards are expected to be in consumers' hands ...
Read Full Story »
78026699

Auto Financing at Record Highs

Whether U.S. consumers are purchasing a new car or a used model, the odds are very high that an auto loan is involved. A full 84% of all new car ...
Read Full Story »
credit cards

Consumer Credit Creeps Higher as Credit Card Use Drops

The Federal Reserve on Friday released its preliminary report on consumer credit for the month of January 2015. Consumer credit rose 4.2% in January, well below the 6.5% growth posted ...
Read Full Story »
135093244

Financial Security Hits All-Time High, While Many Still Struggle With Debt

There is some mixed news today on the state of the average American’s financial situation. Some might say this is a glass half-full versus half-empty argument. Most Americans have solid emergency ...
Read Full Story »