Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
Even though the central bank held rates steady at the last few meetings, average annual percentage rates have eased. The ...
Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest ...
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New tariffs are having a negative impact on Fender’s credit rating
Fender could see operational costs rise by up to $25 million due to new tariffs placed on goods produced overseas. So says a ...
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Startup Accend launches AI credit analyst to replace BPO giants
Ascend’s clientele include companies like Slope, a B2B payment platform backed by OpenAI’s Sam Altman, Pleo, one of the ...
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Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
chief credit analyst at LendingTree. Credit cards are also one of the most expensive ways to borrow money. The average credit card currently charges more than 20%, near an all-time high.
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Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
chief credit analyst at LendingTree. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Chicago Catch-Up newsletter. Credit cards are also one ...