The debt ceiling as recently put in action last Saturday. As the United States federal government hits an all-time high with its national spending, Congress must author a new bill to help raise the debt ceiling once more. As...
The US Congress has recently called for a hearing with the nation's major credit reporting agencies as lawmakers attempt to pass legislation to overhaul the industry. Top executives from Equifax, Experian, and TransUnion — the three major credit reporting bureaus...
According to the Federal Reserve, the revenues of credit card merchants grew by $104B alone for interest and other fees. Magnify Money shows that the figure has increased by almost 11 per cent from 2017’s $93.7B mark. The company even...
The hearing of the House Financial Services Committee on last Tuesday centered on “repairing the nation’s broken credit reporting system,” reports Paste Magazine. During this hearing, the three main credit facilities of Equifax, Experion, and TransUnion were present, questioning...
Credit Card rating website CreditRating.com revealed that holders of popular cards find the fees they pay to be a ‘bargain,’ according to Globe News Wire. In fact, around 20% of these customers agree with this. The survey also shows...
Aside from gadgets and other state-of-the-art smartphones and computers, it seems that technological mogul, Apple, is also venturing into the banking industry. Together with Goldman Sachs, the company aims to offer a credit card built for iPhone users. Easier Banking,...
Transferring credit card debt to a home equity line of credit (HELOC) can considerably lower the amount of interest a borrower pays, Bruce McClary, vice president of communications for the National Foundation for Credit Counseling advised cardholders in a...
The tech giant Apple Inc. and investment bank Goldman Sachs are teaming up to launch smart credit card this year, that can be integrated to Apple Wallet to set budget easier, track rewards and manage account balances. This news was...
Bandhan Bank offers its Kisan Credit Card, with loans reaching up to ₹3.0 Lacs. As the agricultural and farming communities remain an integral part of India’s way of life, interested applicants who wish to further their agriculture and livestock...
Almost 40 million Americans are likely to miss their credit card payments this 2019, according to a recent study of Wallethub. Exactly 16 per cent of the respondents answered that they are likely to miss monthly dues at least...

RECENT POSTS