Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest ...
American Banker2dOpinion
Stablecoins won't displace credit cards for consumer payments
Credit cards offer consumers three things stablecoins currently cannot: interest-free short-term loans, rewards programs and ...
China asks lenders to raise credit limit for consumer loans, report says
China has asked banks to raise credit limits for consumer loans, financial media outlet 21jingji reported on Friday, as part ...
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What Is a Consumer Reporting Agency and What Do They Do?
When you apply for a credit card or loan, the bank will likely pull a credit report. Those credit reports are pulled from ...
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper.
Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...
Federal Reserve faces challenges amid stock market volatility and tightening credit
U.S. retail sales for February, data Fed officials will see before kicking off their two-day policy meeting on Tuesday, were ...
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
The Federal Reserve announced Wednesday it will leave interest rates unchanged as President Donald Trump's tariff policies ...
The Associated Press - Business News on MSN8d
China orders banks to boost lending, credit card use to get consumers to spend more
BANGKOK — China has ordered banks and other financial institutions to encourage more consumer financing and use of credit ...