Credit Cards as Political Weapons: The Venezuelan Strategy
Credit and Debit cards are one of the few financial items not included in recent sanctions against Venezuela and Nichols...
Credit Cards in England: Is London Stalling?
Brexit, saturated debt, signs of inflation. All topics come to mind this eighteen of April in 2019, as the Bank...
Brazilian Credit Card Interest Rates: Enough to Choke a Horse or Risk Based Pricing?
Debit cards work well in the Brazilian card market but credit cards flounder because of consumer default and a lack...
Can P2P Weather A Recession Like Credit Cards?
Credit cards have been resilient through recessions and economic downturns since they launched 50 years ago. Certainly, the industry experienced...
CECL Impact to Chase: 35% Increase Raises Loss Reserves by $5 Billion, Mostly Credit Cards
Accounting Today reported on the financial impact of Current Expected Credit Loss (CECL) to the largest credit card issuer in...
Talking Turkey: Regulators Lower Credit Card Interest to Stimulate Economy
Turkey, with its population of 86 million is boarded by Armenia, Bulgaria, Georgia, Iran, Iraq, plus the Mediterranean and Black...
Whitehouse Attempts to Limit Credit Card Interest: The Senator, Not THE Whitehouse
A bit of confusion here in today’s headlines, but it is hard to complain about a person’s name. If your...
Consumer Credit Card Debt Climbs Slowly, but Steadily; Risk Varies between Top and Small Issuers
Consumers are cautious about adding debt to their credit cards, as Bloomberg reports on the latest movement of the Federal...
Geeky but Interesting: New Fed Study Shows Unintended Consequences of the CARD Act Are Higher Credit Card Rates
The credit card industry has extensive research, such as what you will find at Mercator Advisory Group’s site, where research...
Dirty Diapers and Credit Cards: Goldman Sachs Weighs In
Goldman Sachs (GS) entered the consumer credit market with a splash, first with its successful run at consumer credit under...
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