What’s next for credit cards, auto loans, mortgages
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U.S. credit card delinquencies, or accounts where borrowers have missed payments, barely budged in August, while net charge-offs, the loans banks have to write off as uncollectible, drifted higher. Both metrics held above their pre-pandemic levels.
Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan. Consolidating accounts with a personal loan can help you get out of debt faster, as long as you have a solid plan for paying it off.
Applicants can now get a credit card without a bank account through NBFCs and fintechs, with flexible repayments, simple eligibility, digital bill payment options, and opportunities to build a strong credit score.
JPMorgan Chase (NYSE:JPM) credit card trust's delinquency rate slipped in August, while its net charge-off rate perked up, according to a filing on Monday. The Chase Issuance Trust delinquency rate of 0.
Learn why this all-in-one travel rewards card makes trips easier, covers its fee, and helps you earn more from every purchase.
How much work is it worth putting into earning credit card rewards? A Reddit poster asked this question recently. The Redditor was doing something called “SUB-churning” or opening up new credit cards to try to earn the signup bonus available to new cardmembers for spending a certain amount within a set period of time.
Credit cards have a long history, evolving from ancient IOUs to modern digital payments. The first charge cards emerged in the 1930s and 1940s, paving the way for wider adoption. Key innovations in the 1950s like the Diners Club card,
Florin Nicolae Tarta, 40, was sentenced to six years and nine months in prison, according to federal prosecutors.
A woman was arrested last week after police said she used a credit card belonging to the Williamsburg Resident Council for personal purchases, totaling several thousand dollars. According to the Williamsburg Police Department,
The Better Business Bureau (BBB) is reportedly warning consumers about a new scam involving debit and credit cards.