US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?
It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant ...
Credit Default Swap: What It Is and How It Works
A credit default swap is insurance against the possibility of default. Learn about their role in the financial crisis of 2007 ...
US Treasury Taps Former Regulator Hood to Lead Bank Watchdog
WASHINGTON (Reuters) -The U.S. Treasury Department announced on Friday that Rodney Hood, a former credit union regulator, ...
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Put A Lid On It: The Sanders-Hawley Bill Wants To Cap Credit Card Rates. Here’s What You Need To Know
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...