The Federal Reserve signaled on Wednesday, March 21, that it is unlikely to raise interest rates for the coming months this 2019. The decision came after the two-day meeting on normalization principles and plans. It’s a closed board meeting with...
The South African Credit Bureau Agency (CBA) announced recently that unpaid e-tolls will not have any impact on people’s credit scores, according to The South African. This comes after a Gauteng resident revealed that his unpaid e-toll bills caused...
Sacramento, California police say four members of a large credit card skimming group used small cameras to capture victims using ATMs in different places in the western part of the US. Investigators arrested these men after they found video recording...
Beauty department store giant Sephora announced last March 16 the three special credit cards to be launched this Spring. The new credit cards Sephora Credit Card, Sephora Visa Credit Card and Sephora Visa Signature Credit Card provide shoppers with reward...
Many Americans mismanage their credit cards that can result in stress, a new study revealed. Commissioned by Clever Real Estate and carried out by Pollfish, an online polling software, the authors of the paper analyzed 1,000 survey responses of Americans...
Bank of America Merrill Lynch (BAML) conducted a survey with European financial managers that showed fear regarding a potential global recession. Around 20% of the participants said that the risk of weakened economic performance across the globe is a...
IBM and CULedger have recently collaborated to provide the public with blockchain-based services. Their recent partnership aims to give credit unions with lasting services and more user-friendly technologies. Best Foot Forward Both of the said companies work with a pool of...
US credit card debt approached $870 billion as of December 31, a new historic high, Federal Reserve data show. The report also shows credit card balances of Americans increased by $26 billion from the preceding quarter. The report also said...
Housing loans are experiencing poor performance for the past weeks, but it seems that it is recovering for the first time. According to The Washington Post, recently released data shows that the average of the fixed rates in the...
The city of New York announced on March 6 that it will be launching affordable business loans to tap female entrepreneurs and help them grow their business. In partnership with Goldman Sachs, the new program called WE Credit will help...

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