Research Shows That Credit Card Loyalty Is More Delicate Than It Appears
The Switching Trigger: Understanding Consumer Behavior in Credit Card Choices It’s interesting how quickly a preferred credit card can slip from the top spot in your wallet. One moment it’s the go-to choice, and the next, it seems forgotten—sometimes before an issuer even realizes what’s happening. A recent report dives into this phenomenon. It discusses […]
Steps to recover from identity theft, including freezing credit and setting up fraud alerts
You receive a notification indicating that your Social Security number, email, or other personal details might have been involved in a data breach. It’s natural to wonder what, if anything, a criminal might have done with that information. Honestly, those alerts can be pretty alarming, especially when they don’t clarify whether any actual harm has […]
New York Fed reports varied delinquency rates for credit cards and auto loans
Federal Reserve Bank Data on Delinquency Rates Recent statistics from the Federal Reserve Bank of New York reveal a mixed picture regarding consumer debt. While the overall rates of delinquency have shown improvement, there’s been a slight uptick in delinquencies related to auto loans and home loans. Additionally, credit card delinquency rates remain persistently high. […]
Credit card debt increased by $21 billion. Here are ways to have your debt forgiven now.
Credit card debt is rising again, and it’s quite a hefty figure. According to the latest Household Debt and Credit report from the New York Fed, total balances have reached $1.26 trillion, which is an increase of $21 billion in just the second quarter of 2026. If you’ve been struggling with high-interest credit card debt, […]
Improve your credit score in 30 days: Expert offers simple solutions to reduce stress
Micah Smith, a credit repair expert and founder of Micah Abigail LLC, recently shared insights on improving your credit score within just 30 days, while also addressing common misconceptions surrounding credit. During times of financial anxiety, people often feel the urge to quickly pay off loans like car loans or mortgages, thinking it’s a guaranteed […]
One-third of American Consumers Utilize Credit Card Installments
Buy now, pay later (BNPL) was initially thought to siphon customers away from credit cards. However, it seems that credit cards are now incorporating aspects of BNPL. A recent study featured in the Pay Later Ecosystem Report by PYMNTS Intelligence indicates that more consumers are opting for installment plans attached to their credit cards. This […]
Legislation Approved to Stop Credit Card Companies from Monitoring Gun Purchases
U.S. House Passes Bill to Block Credit Card Tracking of Gun Sales On July 14, 2026, the U.S. House of Representatives approved a new bill designed to stop credit card companies from monitoring purchases related to firearms and ammunition. The measure, known as HR 1181, was passed by a vote of 221 to 201. The […]
Mamdani’s proposal would require landlords to cover the costs of credit checks, while an activist claims that eviction amounts to ‘violence’
Mayor Supports Tenant Credit Checks Proposal in NYC Mayor Zoran Mamdani is backing a new initiative aimed at requiring landlords in New York City to manage tenant credit checks differently. The suggestions, presented in the administration’s recent Rental Rip-Off Report, would prevent landlords from requesting credit reports directly from applicants. Instead, they or their agents […]
Newsom’s mistake with the Hollywood tax credit is just the newest error.
California’s Hollywood Tax Credit Controversy Gavin Newsom’s track record isn’t exactly stellar—he has faced criticism for issues ranging from the French Laundry ordeal to various transportation projects that seem to lead nowhere. The latest issue? He unintentionally canceled a vital Hollywood tax credit. Last year, the governor signed the California Motion Picture and Television Employment […]
A study reveals that rising grocery prices are causing one in four Americans to struggle with credit card debt.
Recent discussions among analysts, including insights from Cheryl Cassone and Scott Radner, highlight the significant economic data of the week, like June’s Consumer Price Index (CPI), Producer Price Index (PPI), and retail sales. Ladner points out that earnings from major banks can provide valuable clues about consumer behavior. According to a new study, more American […]