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Tag: CreditCard
The ‘unexpected’ thing Americans now blame their credit-card debt on
Experts like Suze Orman and Dave Ramsey stress the importance of an emergency fund — and it can help prevent you from going into credit card debt. Getty Images Americans’ credit-card debt rose to $887...
Walmart and Target among 1,600 merchants calling for credit-card fee law, says WSJ
Merchants such as Target Corp. [s] and Walmart Inc. WMT, +0.09% signed on to a letter asking Congress to pass a law that would require options for the routing of credit-card transactions over alternat...
Goldman Sachs says regulators are investigating credit-card practices
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery ...
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services. While economists say raising the interest r...
What possible credit-card legislation could mean for Visa, Mastercard — and you
Credit-card companies look to be under a political microscope once again as senators announced a new bill that would target Visa Inc. and Mastercard Inc. Sen. Dick Durbin, an Illinois Democrat, and Se...
Fed rate hikes are coming — how to tackle your savings, mortgage, car payments and credit-card debt in advance
Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
‘My girlfriend owes $200,000 in medical and credit-card debt’: She wants me to settle it — by paying a portion of the outstanding amount
Dear Quentin, My girlfriend owes over $200,000 in medical and credit-card debt, but she believes it can be settled for 5% of the total amount if someone else will pay that. She reasons that her credit...