Credit Card Debt for Older Americans: Another Day Older and Deeper in Debt
Tennessee Ernie Ford’s classic 16 Tons come to mind on this one. Household Debt By Age Group In Trillionswith Growth...
Bracing for Brexit: Credit Cards Tighten, P2P Sputters
Britain’s big day for exiting the EU is less than 40 days away, on March 29. Will the consumer credit...
The “I” Word: WSJ predicts Mastercard, and Visa look to Increase U.S.Credit Card Rates
Cardholders, issuers and merchants agree about the fundamentals of electronic payments. No one questions the increased use, with near-double-digit growth...
Credit Card Managers Lose their Bonuses for Low Marketing Numbers But Lose their Job For Bad Collection Numbers
I had dinner in Boston last week with Dan Murray, one of the few active people in the credit card...
U.S. Household Debt Increases by $32 Billion and it is Just Not Credit Cards
One of the best reports on consumer debt, the Quarterly Report on Household Debt and Credit, released on time, proving...
You Can’t Buy Credit Card Loyalty, but You Can Lease It
With Valentine’s Day approaching, here is an interesting read on credit card loyalty from Forbes. Google “best credit card rewards”...
Contactless Credit Cards: Off on the Wrong Foot With NFC
Last week, I bought a new wallet-a fancy leather one with an RFID shield. Purchasing a new wallet is probably...
Pay Day Lending: Unlike Credit Cards, Dammed if You Do, Dammed if You Don’t
Underwriting credit cards is a relatively simple process. You pull a bureau and a FICO score. You do a quick...
Credit Card Fraud Stories: You Can’t Make This Stuff Up
So many people with marginal ethics, so many dummies that think they really can beat the system. We’ve said it...
Synchrony Expands its Closed Loop Multi-Store Private Label Credit Card
Synchrony surely is not resting on their laurels after reporting strong fourth quarter 2018 results last week. Two weeks ago,...
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