Stories Tagged as
Credit Cards
Secured credit cards help build credit, with some caveats
Jun 11, 2019
Amazon Credit Builder will offer secured credit lines to those without strong credit who put down a security deposit to borrow against.
What the U.S. means when it says it wants more access to China's markets
by
Jennifer Pak
Jun 11, 2019
Since the Tiananmen protests in 1989, China has allowed citizens more economic freedoms, which have benefited a lot of American brands, but there are still sectors they are heavily restricted in.
Credit card delinquency rates have been rising — especially for young people
by
Justin Ho
May 17, 2019
Oh, and the interest on that outstanding debt? It's getting more expensive.
Can credit card companies sustain their rewards programs?
by
Janet Nguyen
Apr 19, 2019
American Express recently reported quarterly earnings, showing that its single-biggest expense was credit card rewards.
An Apple-Goldman credit card could help both titans
by
Justin Ho
Feb 21, 2019
A report in the Wall Street Journal Thursday said Apple is about to launch a new credit card with Goldman Sachs. The move comes as Apple is trying to diversify its revenue sources away from iPhones, which have been struggling around the world. For Goldman, the reported partnership could be the bank’s latest attempt to […]
How can mobile payments in China be greater than GDP?
by
Jennifer Pak
Jan 22, 2019
Some listeners balked when we reported $23 trillion in mobile payments there in 2016.
Going cashless in Shanghai
by
Jennifer Pak
Jan 15, 2019
Chinese mobile payment apps have surged in popularity. Could U.S. credit card companies compete?
For public good, not for profit.
Expanding economy has consumers feeling flush enough to keep borrowing
Jan 9, 2019
The Federal Reserve reports that outstanding consumer credit rose by $22 billion dollars in November, after an even bigger rise in October. That puts U.S. consumers on track to increase their total debt on credit cards, student-loans and car-loans by 6-3/4 percent this year. How might that record-high consumer debt impact the U.S. economy? Click the […]
Capital One, Discover scale back credit card offerings
by
Jed Kim
Nov 5, 2018
Companies trim credit limits, balance transfers to limit risk in case of slowdown.
Credit card interest rates are rising
Oct 9, 2018
The average rate is just over 17 percent, and it's expected to keep going up.