Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

Credit card debt to subprime consumers carries a high risk for the credit card issuers because they are unsecured loans to ...

Following the trend of the last several months, Americans’ household debt has increased once again to new record highs, ...

But supporting a bill to cap credit card interest rates — based on a campaign promise the president made — wouldn’t be one of ...

Missouri senator asks his Republican colleagues whether they want their new-found working-class support ‘to begin and end ...

Josh Hawley, a conservative Missouri Republican, has been pushing for the rate cap since 2023, a move that has put him in ...

Visa is preparing to offer account-to-account (A2A) payment services in 2025. The company plans to rollout its A2A platform ...

It wasn’t enough for Chrystia Freeland to drive Canada off an economic cliff as finance minister, ushering in heaps of debt ...

Here's how credit card processing fees work and how your business can lower its rates. Credit card processing fees are charges that merchants pay to enable and complete card transactions.

Sanders and Hawley said that while Americans are struggling to make ends meet, credit card companies continue to get rich.

In his "Divine Comedy," Italian poet Dante Alighieri reserved a special place in the Seventh Circle of Hell for people who ...