Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general. Consumers are facing an average of 16.9 percent interest on credit cards, according to the Federal...
Overdraft fees cost U.S. consumers $15 billion in 2016, according to news from the Consumer Financial Protection Bureau (CFPB), the government watchdog that is out with a new report on the impact of bouncing checks in American finance. Overdraft fees increased 2.2 percent last year...
A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans the least confident about staying current on their loans and bills. According to Business Insider, UBS’quarterly financial survey of about...
Cash is garnering less interest among American consumers, who are excited about mobile payments. That’s according to a new survey from Viewpost, which polled 1,000 consumers in the U.S. According to a news report covering the results of the survey, greater than half of Americans...
June 17, 2017
Americans are a very intelligent people — just ask them. A study by YouGov revealed news that 55 percent of Americans think they are smarter than the average American. A little over a third of all Americans think of themselves as of average intelligence, and only 4 percent of Americans rate themselves as of below average […]
October 19, 2016
Just as we mark the two-year anniversary of the launch of Apple Pay, the digital wallet has evolved. From aspects of its innovation, to consumer and merchant adoption rates, to...
May 24, 2019
The job market may be strong and wages may be increasing, but scores of workers in the U.S. have little in the way of savings for retirement. That’s according to a new Federal Reserve survey released Thursday (May 23). According to The Wall Street Journal, the Federal Reserve found that one-quarter of Americans who are […]
May 17, 2019
Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general. Consumers...
August 07, 2017
Overdraft fees cost U.S. consumers $15 billion in 2016, according to news from the Consumer Financial Protection Bureau (CFPB), the government watchdog that is out with a new report on...
July 19, 2017
A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans the least confident about staying...
