Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.
Capital One's proposed acquisition of Discover Financial is being met with opposing viewpoints on whether the deal will ultimately help or harm consumers.
Capital One's $35.3 billion acquisition of Discover Financial would likely renew competition for Visa and Mastercard, which have long dominated the payment processing industry.
Credit card debt rose due to consumer spending, but the economy is starting to rebound also in part to higher spending.
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
The number of auto loan borrowers who are falling behind on their bills jumped during the fourth quarter as high borrowing costs squeeze millions of Americans.
Bilt Rewards allows Americans to be rewarded for paying their rent, which is most people’s biggest monthly expense, founder and CEO Ankur Jain told Fox News Digital.
New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.
Cardholders of American Express and Delta’s six co-branded credit cards will receive new benefits and increased annual fees in changes the companies revealed Thursday.
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.
Unanticipated holiday spending has pushed some consumers to increasingly rely on personal loans or ask lenders for higher credit card limits, a recent analysis said.
Bilt Rewards on Wednesday announced a $200 million equity investment, which thrusts the company's valuation to $3.1 billion as Ken Chenault and Roger Goodell were added to its board.
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
New data published by the Federal Reserve Bank of Philadelphia shows that the number of Americans falling behind on their credit card payments is rising.
A growing number of Americans are relying on credit card debt to make ends meet as they continue to grapple with the rising price of everyday necessities.
The WalletHub Economic Index increased by 15% between December 2022 and December 2023, demonstrating that consumers have an improved financial outlook as they enter the New Year.
As of November 2023, 62% of consumers relied on their next paycheck to cover their monthly financial outflows, a recent survey said.
A new Moody's Analytics report suggests that credit card and auto loan delinquency rates are climbing as more Americans struggle to make their payments.
Most Americans (80%) plan to spend up to $1,000, according to a recent Bank of America survey.
New Wells Fargo data indicates that credit and debt card volume is "losing steam" as consumers confront still-high inflation and steep borrowing costs.