credit

Credit-Marginalized Consumers Turn to High-Interest Credit to Cover Emergency Expenses

Credit-Marginalized Consumers Turn to High-Interest Credit to Cover Emergency Expenses
Credit-Marginalized Consumers Turn to High-Interest Credit to Cover Emergency Expenses
December 20, 2023  |  Consumer Finance

Emergency expenses are a reality all consumers eventually face — and when economic headwinds and factors like rising prices enter the equation, these unexpected expenses...

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CFPB Overdraft Fee Report Slams ‘Surprises,’ but Data Shows Usefulness
CFPB Overdraft Fee Report Slams ‘Surprises,’ but Data Shows Usefulness
December 19, 2023  |  Personal Finance

Overdraft fees have been a flashpoint of contention in banking for a while. Get the Full Story Complete the form to unlock this article and...

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US Consumers Pick National Banks Most for Their Primary Credit Cards
US Consumers Pick National Banks Most for Their Primary Credit Cards
December 19, 2023  |  Credit Cards

In the United States, the average consumer has four credit cards, and the total credit card debt is nearly $1.1 trillion, according to data from...

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15% of Cardholders Cite Rewards for Increased Credit Card Spending
15% of Cardholders Cite Rewards for Increased Credit Card Spending
December 19, 2023  |  Loyalty & Rewards

Bank-issued credit cards, owned by nearly 200 million individuals in the United States, have become an essential financial tool amid inflation and rising costs, providing...

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Alternative Data Revolutionized Small Business Lending in 2023
Alternative Data Revolutionized Small Business Lending in 2023
December 18, 2023  |  SMBs

A lot can change in a year, particularly for the small- to medium-sized business (SMB) segment. Get the Full Story Complete the form to unlock...

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Gen X Has the Most Debt at 4X Their Disposable Incomes
Gen X Has the Most Debt at 4X Their Disposable Incomes
December 18, 2023  |  Debt

Consumers often feel pressured to maintain a standard of living, which can be difficult in uncertain economic times with higher prices and interest rates. Keeping...

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Improving Credit Scores Can Boost Subprime Consumers’ Borrowing Capacity by Almost 70%
Improving Credit Scores Can Boost Subprime Consumers’ Borrowing Capacity by Almost 70%
December 18, 2023  |  Personal Finance

In a credit-based economy like the United States, credit scores play a crucial role in determining access to credit and financial stability. This poses a...

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Amex and Bank of America Report Rising Card Delinquencies
Amex and Bank of America Report Rising Card Delinquencies
December 17, 2023  |  Credit Cards

Both American Express and Bank of America saw credit card delinquencies climb last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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