APR Margins Are Driving Sky-High Credit Card Rates
The average annual percentage rate (APR) on credit cards reached 22.8% in 2023, according to a report from the Consumer ...
The average annual percentage rate (APR) on credit cards reached 22.8% in 2023, according to a report from the Consumer ...
Today’s read comes from the Wall Street Journal, which wonders, “What’s Behind $1 Trillion in Credit Card Balances.” The article's ...
A significant number of Americans are reducing their reliance on credit cards, according to a recent NerdWallet survey, as a ...
We’re continuing our journey down the path of decoding what Digital-First card experiences really mean for Issuers. In the first ...
The most recent data from the Federal Reserve Bank of New York indicates that credit card applications increased in Q3 ...
We recently mentioned a new record on the average credit card interest rate hitting 19.04%. Now comes another high point: ...
Some records are meant to be broken, and the world cheers. Think about Jesse Owens and the 1935 Berlin Olympics ...
Charles Dickens’ Ghost of Christmas Yet to Come brings Scrooge’s sad life to mind. In today’s context, the issue surrounds ...
It is not rocket science to expect revolving debt to grow as inflation takes hold of the consumer budget. The ...
Inflation is a reality in business cycles. Reserve banks across the globe struggle with the issue, as their mission often ...
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