Recession and Credit Cards: Possibly? Did You Mean Probably?
The New York Times recapped Jerry Powell’s testimony to the Senate Banking Committee on June 22, and while there is ...
Tag: inflation
CFPB: Are Late Fees to Offset Delinquency Costs, or for Revenue?
Pricing credit cards is often an art as much as a science. The card issuer faces the challenge of being ...
Is Payment Fraud Contributing to Fuel Price Rises?
2022 has continued to be a challenging year for many businesses and consumers, with many countries experiencing high inflation and ...
As Inflation Spikes, We Need to Help Small Businesses Survive
The worsening state of inflation is the top concern of many small businesses across the United States. With no signs ...
Soaring Interest Rates: Credit Card Issuers Shift to Stabilize Mode
There is no way to fight it, but interest rates are rising quickly. It is a countermeasure against inflation, which ...
Bracing for the Storm: Consumer Debt Is Up, Savings Are Down
While economists vary on when the next recession will come, practical credit policy managers should think it will be sooner ...
McDonald’s Exceeds Revenue Expectations with Price Hikes
Category leader McDonald’s finds itself raising prices an average of 8% to continue to drive revenue through an uncertain 2nd ...
How Reseller Abuse Is Harming Retail – and What to Do About It
Digital technologies have spurred the rise of resellers – individuals and organizations who look for arbitrage opportunities and use bots ...
Russia Write-Downs Affect Top Banks, But Credit Cards Hold Steady
1Q22 results show that Russian exposure affected net revenue at some top banks, but cards performed well. Bloomberg reported: Citigroup ...
Quick Calculus for Credit Managers: Inflation and Risk
Rising interest rates will not substantially affect the household’s ability to repay their credit cards, but inflation will. Impact of ...
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