Apple and Goldman Sachs ordered to pay $89 million over Apple Card failures
Regulators say the companies hurt hundreds of thousands of users of the credit card, which Apple launched in 2019.
credit cards
A federal judge temporarily halts U.S. plan to lower credit card late fees to $8
The temporary injunction imposed by Judge Mark Pittman in the Northern District of Texas is a win for the big banks and major credit card companies. The plan was set to go into effect next week.
The U.S. sharply limits how much credit cards can charge you in late fees
The Consumer Financial Protection Bureau issued a new rule Tuesday capping late fees on credit cards, a move designed to save customers an estimated $10 billion a year. Critics promised a lawsuit.
Why many business owners would love it if you stopped using your credit card
The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.
Need a new credit card? It can take almost two months to get a replacement
The ongoing chip shortage is causing card manufacturing delays that could last through the end of the year.
Are you struggling to pay off credit card debt? Tell us what hurdles you are facing
NPR wants to know if it's becoming harder to pay off outstanding credit card balances these days.
More Americans Pay Rent On Credit Cards As Lawmakers Fail To Pass Relief Bill
Many Americans who've lost income in the pandemic are falling deeper into debt — forced to pay bills or even their rent on credit cards. It's a sign of trouble ahead for the economy.
FICO Is About To Change Credit Scores. Here's Why It Matters
The firm says 40 million Americans' scores will drop by more than 20 points, and a similar number will rise.
How One Man Used Miles To Fulfill His Dream To Visit Every Country Before Turning 40
A growing subculture of savvy consumers is finding new ways to game credit card points. But it's not a game for everyone.
Senate Kills Rule On Class-Action Suits Against Financial Companies
The rule, released by the Consumer Financial Protection Bureau in July, was aimed at "forced arbitration" clauses in consumer agreements with banks and credit card companies.