Credit card delinquencies surge as Americans battle high inflation, interest rates
Portfolio Wealth Advisors President and Chief Information Officer Lee Manson talked about the expected earnings releases of major banks, the Federal Reserve's interest rate cuts, and gave his outlook for the market this year. More Americans are falling behind on their monthly credit card payments as the country continues to battle high inflation and interest […]
Sen. Durbin’s Latest Bill Threatens the Livelihood of Community Banks and Credit Unions
The following content is electronic payment federation. Hard-working Americans have been battling record inflation for years, while the profit margins of giant corporations continue to expand, making it difficult for small businesses on Main Street to keep the lights on. It has become. Currently, these large stores are new This law could compromise the security […]
Heather Mack wants time-served credit for Indonesia prison stint after US guilty plea in mom’s murder
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For the Second Year Running, Coast Central Credit Union Board Election Sees Challenger Focused on Transparency, Greater Member Involvement – Lost Coast Outpost
Since its founding in 1979, Coast Central Credit Union has grown to become the region's largest member-owned financial institution, with more than 76,000 members and 11 branches throughout Del Norte, Humboldt and Trinity counties. Photo: Andrew Goff. ### After nearly a decade of uncontested board elections, Coast Central Credit Union is in the […]
Credit card delinquency soars above pre-pandemic level amid high interest rates, inflation
Credit card delinquencies have surpassed pre-pandemic levels and are approaching highs not seen in more than a decade as high interest rates make it harder for shoppers struggling with inflation. Credit card balances exceeded $5 trillion for the first time last November, and all stages of credit card delinquency (30-day, 60-day, and 90-day delinquency) were […]
Rapper G Herbo faces year in prison after credit card fraud scheme
Rapper G. Herb has pleaded guilty to conspiracy to commit wire fraud and could be sentenced to just over a year in prison. G Herbo entered into an agreement with prosecutors that resulted in the dismissal of several counts of aggravated identity theft. The 28-year-old Chicago rapper is scheduled to be sentenced, with prosecutors recommending […]
More Americans are racking up credit card debt
Jeff Sica, founder of Circle Squared Alternative Investments, explains why consumer spending will drop dramatically before the Varney & Co. holiday. More and more Americans are saving money credit card debt A new report from Bankrate says this trend could be a harbinger of economic troubles ahead. Nearly half of credit card holders (about 49%) […]
Treasury: Nearly 9,000 auto dealers have registered for electric vehicle tax credit
More than 1,000 more car dealers have signed up for the scheme since the electric vehicle tax credit became available on January 1, the Treasury confirmed Friday morning. Treasury officials told reporters that more than 8,700 dealers had registered for credit as of Friday, up from the 7,400 announced in late December. Changes to the […]
ISIS takes credit for Iran terror attacks
ISIS on Wednesday took responsibility for a suicide bombing in Iran that killed at least 84 people at a ceremony marking the fourth anniversary of the death of Revolutionary Guards commander Qasem Soleimani. Islamic State issued a telegraphed statement on Thursday acknowledging responsibility for the Kerman bombing, the worst terrorist attack in decades, amid widespread […]
Interest strong in new North Dakota property tax credit – INFORUM
North Dakota homeowners can now apply for up to $500 off their 2024 property taxes. The new program, administered by the state Tax Commissioner's Office, is aimed at easing pressure on taxpayers as state governments enjoy unexpected budget surpluses. If you own a home in North Dakota and live there most of the time, you […]