Consumer Payment Card News

Home sharing is becoming more expensive than a hotel stay as greedy homeowners slip in exorbitant cleaning fees and service fees. At the same …

The October credit card surprise wherein Americans tacked on $8 billion in revolving credit petered-out in November, dropping more than $2 billion, ostensibly due …

Free tax filings were not widely known among low-to-medium income taxpayers as some commercial tax preparation services did their level best to hide them …

Consumer confidence may be beginning to show some cracks as recent surveys and monthly data confirm. Affecting about two-thirds of economy, the fog will …

Holiday retail sales solid, hitting projections of 3-4% growth over last year’s shopping season. Specialty apparel was the hottest online retail category. Gizmo sales …

Holiday season closes amidst a blockbuster turnout for small retail businesses globally. Even though the shortened holiday season may have pushed retail sales down …

Retailers pray for one more week this holiday season as consumer buying habits have been slowly changing. The late Thanksgiving reduced the holiday shopping …

Americans tapping holiday credit early this year as holiday spending drove U.S. credit card debt up by nearly $8 billion in October, now growing …

Consumer credit card losses, or charge-offs, among the Top 100 U.S. banks, are continuing to rise to levels for a third-quarter not seen since …

U.S. card late payers continue to creep upward to levels not seen since 2013 and running about 40 bps (basis points) above ratios reported …