The bureau said it had found found high levels of concentration in the consumer credit card market and evidence of practices that inhibit consumers from finding alternative products. "These ...

Synchrony Financial's chief credit officer told Reuters that most borrowers are repaying loans, but spending has dipped ...

The Bankrate survey also shows that 89% of Gen Z cardholders, aged 18-28, and 87% of cardholders earning more than $100,000 ...

Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did in 2023. The total amount of consumer credit card debt in the U.S. grew ...

However, those perks could be in danger of disappearing. The US credit card market is at a crossroads: Politicians and companies are struggling to compromise on how much card swipe fees should ...

It’s been almost a year since Capital One’s $35.3 billion deal to acquire Discover shocked the credit card industry. Announced in February 2024—and expected to close soon—the deal would ...

The clear concern for the multifamily industry is that consumers facing heavy debt service pressures are at greater risk of ...