Credit Card Interest Rates Hit 26-Year High
Credit Card Interest Rates Hit 26-Year High Last week, the average interest on variable-rate credit cards reached 18.03 percent, the highest rate seen since January 1996, according to recent Bankrate data. Since June 25, rates charged to cardholders have increased by...
Majority of Americans Say Inflation is Causing Financial Hardship
Majority of Americans Say Inflation is Causing Financial Hardship A recent Gallup poll found that a majority of Americans are facing moderate or severe financial hardship due to inflation-driven price increases. 56 percent of respondents said they are experiencing...
OCC Head Indicates Scrutiny of Bank-Fintech Relationships May Be on the Horizon
OCC Head Indicates Scrutiny of Bank-Fintech Relationships May Be on the Horizon Speaking before a conference of bankers in New York hosted by the Bank Policy Institute and the Clearing House Association last week, Acting Comptroller of the Currency Michael Hsu said...
