Study: Mobile App Complexity Dings Customer Satisfaction
As bank mobile apps add new features, the increased complexity is stumping some consumers, according to new studies from J.D. ...
Tag: Credit cards
Household Debt Continues Up
Outstanding household debt increased by 0.9% in the first quarter of 2019, rising by $124 billion to land at $13.67 ...
ABA Pushes Back on Ocasio-Cortez, Sanders Cap on Consumer Loan Rates
After Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) today unveiled a bill that—among other things—would cap consumer loan ...
Banks Ease Standards, Terms for C&I Loans to Large, Midsize Firms
A small net percentage of banks reported easing standards and terms for loans to large and midsize firms in the ...
ABA Data Bank: Credit Card Debt Remains Low Relative to Disposable Personal Income
Read more from ABA Chief Economist James Chessen.
Untangling the Real Story about Consumers and Debt
The good news is that both borrowers and lenders continue to exercise discipline and consumers are still in very strong ...
ABA Urges CFPB to Modernize Card Disclosure Rules
ABA yesterday urged the Consumer Financial Protection Bureau to use its authority to update outdated disclosure rules to meet the ...
Credit Card Use Expands in Fourth Quarter
Credit card use picked up in the fourth quarter of 2018, according to the American Bankers Association’s latest Credit Card ...
Wendy’s Reaches Data Breach Settlement with Banks
U.S. fast food chain Wendy’s last week announced a $50 million settlement with financial institutions that suffered losses during a ...
Banks Project Tighter Loan Terms, Standards in 2019
Modest net percentages of banks tightened terms and standards for business loans in the previous quarter, with standards for the ...
