credit

Experian Partners With Black Opal to Bring Credit Options to US Immigrants
Experian Partners With Black Opal to Bring Credit Options to US Immigrants
March 30, 2022  |  Financial Inclusion

Experian and Black Opal are teaming up to boost consumer credit access to immigrants in the U.S., according to a press release on Wednesday (March 30). Black...

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Consumer Lending Rose in the UK, Fueled by Record Credit Card Borrowing
Consumer Lending Rose in the UK, Fueled by Record Credit Card Borrowing
March 29, 2022  |  Loans

Lending to consumers in Britain swelled in February, the most in five years, the Bank of England (BoE) announced Tuesday (March 29). The rise was...

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CFPB: Credit Card Companies Charged $12B in Late Fees in 2020
CFPB: Credit Card Companies Charged $12B in Late Fees in 2020
March 29, 2022  |  CFPB

Credit card companies charged $12 billion in late fees in 2020, with poorer Americans paying far more than wealthier people. That’s according to a report...

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Victoria’s Secret and Bread Financial Unveil Co-Branded Mastercard
Victoria’s Secret and Bread Financial Unveil Co-Branded Mastercard
March 29, 2022  |  Retail

Financial services company Bread Financial has debuted a co-branded credit card program with intimate apparel specialty retailer Victoria’s Secret through Mastercard, according to a Tuesday...

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Half of Consumers Are Highly Likely to Switch Merchants Due to Credit Card Surcharges
Half of Consumers Are Highly Likely to Switch Merchants Due to Credit Card Surcharges
March 28, 2022  |  Credit Cards

A key consideration for merchants considering whether to implement credit card surcharges is the impact of such a fee on credit card users. Having to...

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Data Point: 87% of Shoppers Take Store Cards and Traditional Credit Over Buy Now, Pay Later
Data Point: 87% of Shoppers Take Store Cards and Traditional Credit Over Buy Now, Pay...
March 28, 2022  |  Buy Now Pay Later

While buy now, pay later (BNPL) is certainly a disruptor of traditional credit like store-issued co-branded cards and major credit cards, in reality, BNPL has...

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Uptrend Credit Shifts Business Focus to Financial Literacy
Uptrend Credit Shifts Business Focus to Financial Literacy
March 28, 2022  |  Financial Inclusion

Uptrend Credit Solutions is shifting its business focus from credit repair only, and will be offering a wide range of services including financial literacy, credit...

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Third Generation of BNPL Holds Potential to Reshape Entire Credit Industry
Third Generation of BNPL Holds Potential to Reshape Entire Credit Industry
March 28, 2022  |  Buy Now Pay Later

There was Web 1.0, Web 2.0, the mobile web, the metaverse — you get the idea. It’s an evolution. We find much the same pattern...

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Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
March 24, 2022  |  Loans

Until recently, offering that credit product has been easier said than done, involving finding a bank sponsor to handle compliance, risk modeling, underwriting — the...

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