ABA report: Credit card market continued to normalize in Q1 2022
Consumers continued to manage their credit well in the first quarter of 2022, a sign of continued U.S. consumer strength ...
Tag: Credit cards
Credit card spending wanes as alternative payment options grow
Consumers have reduced the proportion of purchases they charge to credit cards over the past year as their financial stress ...
ABA, financial trade groups oppose Durbin expansion bill in letter to Congress
ABA joined a broad coalition of state bankers associations and credit union associations in a strongly worded letter sent Friday ...
Trade groups: Removing late fee ‘safe harbor’ could harm consumers
Late fees for financial products, when charged appropriately, incentivize timely payment and good financial management, ABA and three other financial ...
Fed Survey: Business Leading Standards Tighten, Demand Grows Stronger
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer ...
ABA leads opposition to ‘deeply flawed’ effort to expand Durbin routing provisions to credit cards
ABA joined with eight other financial services trade groups in united opposition to a bill introduced today by Sens. Roger ...
J.D. Power: Debit, credit card use still outpacing alternative payment methods
Debit and credit card transactions continue to lead the way in payments transactions over digital payments alternatives, according to recent ...
ABA, groups seek longer comment period for ‘unexpected’ CFPB card fee ANPR
The American Bankers Association and several other trade groups last week requested a 60-day extension to the comment period for ...
CFPB targets credit card fees
CFPB Director Rohit Chopra today announced an advance notice of proposed rulemaking focusing on credit card late fees.
Survey: Consumers worried about continued Fed rate hikes
The cost of existing credit card debt continues to rise as the Federal Reserve has increased interest rates this year—so ...
SPONSORED CONTENT
