Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows – CNBC
According to one study, Americans have a total of $1.12 trillion in credit card debt. New report on household debt From the Federal Reserve Bank of New York. Credit card balances decreased by $14 billion in the first quarter of 2024, but credit card delinquency rates increased, consistent with typical spending patterns after the peak […]
How the Visa-Mastercard swipe fee settlement affects cardholders – syracuse.com
Written by Sarah Lassner | Nerd Wallet Visa and Mastercard reached settlements with U.S. merchants this week, but the deal, if approved, could have a trickle-down effect on consumers. The agreement lowers the credit card interchange fees merchants pay to process credit card transactions and maintains those lower rates for several years. It would also […]