Black Friday: Sales Up, But Shoppers Still Cautious
American consumers flocked to shop this holiday weekend, with more consumers spending more money this Black Friday than last year. According to a survey by the National Retail Federation, 212 million...
View Article6 Hot Credit Card Trends for 2012
I think consumers deserve a T-shirt that says: I survived 2011. Even if you emerged from 2011 financially bruised and in debt, you’re alive and kicking. And you have reason to be optimistic because I...
View ArticleMore Consumers Paying Down Debt
The recent recession drastically changed the way consumers felt about and handled their outstanding debts, and the renewed attention to paying down their balances was reflected in the drops in loan...
View ArticleAfter a Decline, Identity Fraud Rose in 2011
More than 11.5 million Americans became victims of identity fraud in 2011, a disappointing 12.6-percent increase after a dramatic decline the previous year, according to a new study released this week...
View ArticleCredit Card Delinquencies Fall as Balances Grow
Consumers seemed to get a better handle on their outstanding credit card debt over the course of last year, but spending on those accounts increased as well. Credit card accounts that were 90 days or...
View ArticleThe Biggest Consumer Complaints of the Year
Identity theft continues to be a major concern for American consumers, accounting for more complaints in 2011 than any other type of fraud or scam, according to a report released Tuesday by the Federal...
View ArticleNew Study: Consumers Better With Their Credit
Americans have generally been very good about paying their credit card bills on time since the end of the recession, and that trend continued in April. However, the number of seriously late accounts...
View ArticleCredit Card Debt Inches Up in August
The amount of credit card debt being carried nationwide rose very slightly in August, despite the fact that some of the areas hit hardest by the recent recession continued to slash their balances. The...
View ArticleLenders Anticipate Better Credit, Fewer Defaults
The economic recovery over the past year may have prompted many lenders to ease their lending standards. And now, experts say that consumers are likely to default less and improve their credit in the...
View ArticleThe Future of Credit Cards
At a recent conference devoted to travel and credit card rewards, executives from Chase, Barclaycard, US Bank, Capital One and American Express were on hand to share their views on the future of credit...
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