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Record-high credit card interest rates cost consumers $25 billion in 2023: report

According to one study, the average annual percentage rate (APR) on credit cards nearly doubled from 12.9% in 2013 to 22.8% in 2023, costing consumers about $25 billion in interest fees last year. new analysis By the Consumer Financial Protection Bureau (CFPB). The average annual interest rate reached a record high late last year, according […]

Navigating child tax credit questions – NBC 5 Dallas-Fort Worth

Congress is considering changes to the tax code, including expanding the child tax credit.it means more refunds some familieswhich may begin in the 2023 tax year. Passed by the US House of Representatives law Expands the refundable child tax credit beginning with the 2023 tax year. It is unclear whether the U.S. Senate will pass […]

Bottom Line: American Airlines lobbies up ahead of credit card swipe fee hearing

credit card american airlines hired williams and jensen Lobbying on a variety of issues affecting the airline industry, including taxes, fees, and credit card interchange fees. Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) has called on executives from American Airlines, United Airlines, Visa and Mastercard to testify in April. He said companies are “actively pushing […]

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