U.S. consumer credit shot up during March at the fastest rate since late 2001 as credit-card use, and student and car loans ballooned, data from the Federal Reserve showed on Monday.
The credit and debit card company reported quarterly earnings and revenue that beat Wall Street's expectations on Wednesday, sending its shares higher in extended-hours trading.
The pace of job creation rose far less than expected in March, with the U.S. economy generating 120,000 new positions. The unemployment rate fell to 8.2 percent.
Thursday, 29 Mar 2012 | Posted By:
| Source: CNBC.com
Not all states are created equal. Some have average credit scores that indicate a rebounding economy, and others have credit scores that indicate decline. Read ahead to see which states have the best credit scores in the country.
Debt is manageable through familiar tactics such as paying more than the minimum payments and transferring balances, but where should you turn to alleviate the pain if your debt balloons to a level beyond control?
With Chase and Discover recently introducing and experimenting with free balance transfer credit cards, they have breathed new life into a genre that industry experts previously believed to be extinct. However, the moves have left many scratching their heads.
Friday, 24 Feb 2012 | Posted By:
| Source: CNBC.com
Debit fraud is on the rise and debit fees can cost consumers more than they realize. Let’s run down some of the risks of debit card usage, both legal and illegal, and what consumers can do about them.
Friday, 24 Feb 2012 | Posted By:
| Source: CNBC.com
There’s been a steady decline in the unemployment rate, but there’s a catch. The definition of “unemployed” only includes people who sought work in the last four weeks and excludes everyone else, including the underemployed and the long-term unemployed. What have they been doing since they fell off the radar?
MasterCard is betting big on mobile payments replacing credit cards and is making moves to make sure it has solid footing in the mobile payment space... Read More
Parents and students have an array of options for financing education costs, including private loans from banks, tapping home equity credit lines and dipping into retirement accounts... Read More