Showing 13 to 24 of 30 results
Credit Card Debt Forgiveness Offers Relief Amidst Record-High Interest Rates
High US credit card interest rates (near 23%) create financial strain; debt forgiveness programs, reducing debt by 30-50%, offer potential relief for balances like $50,000, but involve trade-offs.
Credit Card Debt Forgiveness Offers Relief Amidst Record-High Interest Rates
High US credit card interest rates (near 23%) create financial strain; debt forgiveness programs, reducing debt by 30-50%, offer potential relief for balances like $50,000, but involve trade-offs.
Progress
48% Bias Score
Turkey's Debt Crisis Deepens: 57% in Debt, Card Spending Soars
ING Türkiye's survey shows 57% of Turkish citizens are in debt, predominantly using credit cards (43%), while card spending soared 66% to 1.6 trillion TL in January 2025, reflecting economic struggles and impacting the country's financial stability.
Turkey's Debt Crisis Deepens: 57% in Debt, Card Spending Soars
ING Türkiye's survey shows 57% of Turkish citizens are in debt, predominantly using credit cards (43%), while card spending soared 66% to 1.6 trillion TL in January 2025, reflecting economic struggles and impacting the country's financial stability.
Progress
48% Bias Score
Home Equity Loan Rates Remain Low Despite Fed Pause
As of January 31st, the average home equity loan interest rate is 8.44%, nearly three times lower than the average credit card rate of roughly 23%, primarily because homes serve as collateral. The Federal Reserve's pause in interest rate cuts makes further significant decreases in home equity loan r...
Home Equity Loan Rates Remain Low Despite Fed Pause
As of January 31st, the average home equity loan interest rate is 8.44%, nearly three times lower than the average credit card rate of roughly 23%, primarily because homes serve as collateral. The Federal Reserve's pause in interest rate cuts makes further significant decreases in home equity loan r...
Progress
32% Bias Score
AmEx Q4 Spending Surges 8%, Driven by Millennial and Gen Z Spending
American Express's fourth-quarter 2023 card spending surged 8% year-over-year, fueled by a 16% jump in transactions from millennials and Gen Z, exceeding growth from older demographics and indicating continued strength in travel and entertainment spending, particularly in premium segments.
AmEx Q4 Spending Surges 8%, Driven by Millennial and Gen Z Spending
American Express's fourth-quarter 2023 card spending surged 8% year-over-year, fueled by a 16% jump in transactions from millennials and Gen Z, exceeding growth from older demographics and indicating continued strength in travel and entertainment spending, particularly in premium segments.
Progress
36% Bias Score
Capital One Stock Rises on Discover Acquisition, Despite Rising Charge-Offs
Capital One's stock has risen 36% since early 2024, exceeding the S&P 500's performance, largely due to investor optimism surrounding its acquisition of Discover Financial, a deal expected to close in early 2025; however, rising charge-offs and delinquencies present a short-term risk.
Capital One Stock Rises on Discover Acquisition, Despite Rising Charge-Offs
Capital One's stock has risen 36% since early 2024, exceeding the S&P 500's performance, largely due to investor optimism surrounding its acquisition of Discover Financial, a deal expected to close in early 2025; however, rising charge-offs and delinquencies present a short-term risk.
Progress
36% Bias Score
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
Progress
16% Bias Score
Experiential Rewards and the Evolving Credit Card Landscape
Nick Ewen, Senior Editorial Director at The Points Guy, discusses credit card trends, noting the rise of experiential rewards (like exclusive concert access) as key differentiators, and the shift away from airline-specific rewards programs due to reduced upgrade availability.
Experiential Rewards and the Evolving Credit Card Landscape
Nick Ewen, Senior Editorial Director at The Points Guy, discusses credit card trends, noting the rise of experiential rewards (like exclusive concert access) as key differentiators, and the shift away from airline-specific rewards programs due to reduced upgrade availability.
Progress
8% Bias Score
Home Equity Loan Rates: A January 2024 Analysis
As of January 31st, the average home equity loan interest rate was 8.44%, almost three times lower than the average 23% credit card interest rate, due to home collateral. The Federal Reserve's paused rate cuts make further February decreases unlikely, but inflation drops could trigger lender rate re...
Home Equity Loan Rates: A January 2024 Analysis
As of January 31st, the average home equity loan interest rate was 8.44%, almost three times lower than the average 23% credit card interest rate, due to home collateral. The Federal Reserve's paused rate cuts make further February decreases unlikely, but inflation drops could trigger lender rate re...
Progress
48% Bias Score
Australian Bank Fees Jump 5% as Cost of Living Crisis Drives Borrowing
Australian households paid almost 10% more in bank fees in 2023-24, driven by increased credit card and personal loan use amid the rising cost of living, leading to a 5% jump in bank fee revenue—the first annual increase in seven years.
Australian Bank Fees Jump 5% as Cost of Living Crisis Drives Borrowing
Australian households paid almost 10% more in bank fees in 2023-24, driven by increased credit card and personal loan use amid the rising cost of living, leading to a 5% jump in bank fee revenue—the first annual increase in seven years.
Progress
20% Bias Score
AmEx Q4 Spending Surges 8%, Driven by Millennials and Gen Z
American Express reported an 8% year-over-year increase in card spending in Q4 2024, fueled by a 16% surge in transactions from millennials and Gen Z, exceeding growth in other age groups and exceeding expectations for goods and services.
AmEx Q4 Spending Surges 8%, Driven by Millennials and Gen Z
American Express reported an 8% year-over-year increase in card spending in Q4 2024, fueled by a 16% surge in transactions from millennials and Gen Z, exceeding growth in other age groups and exceeding expectations for goods and services.
Progress
36% Bias Score
Medical Debt Removal from Credit Reports
The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.
Medical Debt Removal from Credit Reports
The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.
Progress
40% Bias Score
Home Equity Loans Offer Significant Savings Compared to Credit Cards and Personal Loans
Currently, home equity loans average 8.4% interest, significantly less than credit cards (23%+) and personal loans (12%+), offering substantial savings due to lower lender risk; a \$50,000, 10-year home equity loan at 8% costs \$22,800 in interest versus over \$36,000 for a similar personal loan.
Home Equity Loans Offer Significant Savings Compared to Credit Cards and Personal Loans
Currently, home equity loans average 8.4% interest, significantly less than credit cards (23%+) and personal loans (12%+), offering substantial savings due to lower lender risk; a \$50,000, 10-year home equity loan at 8% costs \$22,800 in interest versus over \$36,000 for a similar personal loan.
Progress
56% Bias Score
Showing 13 to 24 of 30 results