APR

Connecticut Department of Banking Issues Guidance on Small Loan Rules
Connecticut Department of Banking Issues Guidance on Small Loan Rules
September 13, 2023  |  Regulation

The Connecticut Department of Banking has issued new industry guidance regarding the Small Loan Lending and Related Activities Act. These changes in the regulation are set to come into...

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CFPB Wants Credit Card Companies to Be More Transparent About Product Info
CFPB Wants Credit Card Companies to Be More Transparent About Product Info
March 21, 2023  |  Credit Cards

The Consumer Financial Protection Bureau (CFPB) wants to help Americans find new, better credit cards. The bureau announced Tuesday (Mar. 21) upgrades to its survey of credit card issuers...

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Koyo FinTech Raises $4.9M To Assist Underbanked UK Borrowers
Koyo FinTech Raises $4.9M To Assist Underbanked UK Borrowers
October 29, 2019  |  Investments

FinTech startup Koyo, which uses Open Banking to offer loans to underbanked U.K. borrowers, announced that it has raised $4.9 million in funding. The round,...

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UK Credit Card APR Soars To Nearly 25 Pct.
UK Credit Card APR Soars To Nearly 25 Pct.
September 17, 2019  |  Debt

Interest rates on credit card balances in the U.K. are the highest they have been in 13 years, according to a report by the Financial Times....

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Report: Credit Card APRs At Highest Rates In Five Years
Report: Credit Card APRs At Highest Rates In Five Years
September 23, 2016  |  Consumer Finance

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. The national...

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Consumers Out Of Loop About Personal Credit
Consumers Out Of Loop About Personal Credit
August 10, 2015  |  News

Online loan marketplace LendingTree’s recent survey shows many credit cardholders in the U.S. are unsure about their financial standing when it comes to their credit...

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Why Retailers Love Store Credit
Why Retailers Love Store Credit
October 14, 2014  |  Consumer Finance

You can get a store credit card at just about any retailer. The standard question has left consumers with the often split-second choice of asking...

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