Experimenting With Credit Card Standards: Good Idea, Wrong Timing in Canada
The Canadian province of Ontario recently took action to reduce cardholder debt was a well-intentioned concept. Mercator Advisory Group’s new ...
Tag: Credit
What Kind of Impact Will Coronavirus Have on Americans When it Comes to Finances, Job Security?
At the time of this writing, there have been over 414,000 cases and more than 18,500 deaths worldwide due to ...
Visa Issued a Warning in its SEC Filings Yesterday. Will Some Credit Card Issuers Begin to Feel Pain?
The March 30, 2020 8-K filing by Visa indicates potential pain ahead for credit card issuers. The top global brand ...
What 3 Financial Products Are Most Americans Likely to Have?
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left corner of your screen ...
Tapping the Brakes on Lending: COVID-19 Forces Credit Card Lenders to Tighten
Credit card and loan applications may not be slowing yet, but banks need to contract their lending, as reported by ...
Credit Card Reporting and FICO Scores: Less to Worry About During COVID-19
There's enough to worry about as countries and central banks fortify against financial shock. For consumers in the U.S., credit ...
EU Regulators Backpedal on Credit Card Accounting Standards: Give Banks Latitude During COVID-19
Credit card accounting may lack the panache of credit card marketing, exciting technologies, or operations, but it protects assets, investors, ...
Financially-Stressed College Students Incur Over $4k in Credit Card Debt
Perhaps one of the most pressing issues in this year’s Democratic primary race is the fate of college debt, one ...
A Novel Approach to Managing Credit Card Losses in a COVID-19 World
The critical problem about COVID-19 and credit risk is that the households across the world face cashflow issues, rather than ...
CO-OP Announces Cardholder Payment Relief Solutions for Its Full-Service Credit Clients
CO-OP Financial Services has announced a series of programs for its Full-Service Credit clients to help them address the financial ...
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