consumer credit

A survey of prepaid cards revealed wide variation in both the types of fees charged on the cards and the amount of those fees.
Whether U.S. consumers are purchasing a new car or a used model, the odds are very high that an auto loan is involved.
Source: ThinkstockThe 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...
Source: ThinkstockThere 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...
Owning a piece of the credit card industry has turned out to be a very lucrative business for those investors who have had a long-term eye on the sector.
In its fourth quarter 2014 report on household debt and credit, the Federal Reserve Bank of New York said that debt rose to $11.83 trillion.
24/7 Wall St. has received a pre-IPO report on LendingClub from Sterne Agee's financial team that offers key insight into the operations and what to expect from LendingClub.
Source: ThinkstockAs home prices have risen over the past few years, so have the number of homeowners who have seen an increase in the equity in their homes. Many of those homeowners refinanced their...
OneMain Financial has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
The National Association of Credit Management said that the Credit Managers Index reading fell in September.
The list of banks, retailers and credit card issuers that will support the recently announced Apple Pay mobile payments is long and growing.
Fitch Ratings is among the many firms opining what the new Apple Pay will mean to the consumer market
Americans added more than $28 billion in new credit card debt during the second quarter. By the end of 2014, total U.S. credit card debt is expected to rise by $54.8 billion.
Source: Visa.comVisa Inc. (NYSE: V) did not wait too long for Apple Inc. (NASDAQ: AAPL) to get its Apple Pay out there before it announced the launch of Visa Token Service.Visa’s second press...
Home Depot has confirmed what the news reports were indicating -- its payment data systems have been breached!