Credit News

Credit News

Will the Greek Debt Crisis Affect Your Finances?

The Greece debt default has been a major story in Europe for the past several years and has been a major influence on currency markets and international stock markets. Now that Greece has officially defaulted on its debt, the belief is that the country may be about to exit the European Union. Could the issues surrounding Greece's finances have an impact on your personal finances?

Are Americans Saving Too Much?

While the economy has pretty much recovered from the economic scare of 2008, it doesn’t appear as if Americans have yet. In recent years, over 700,000 new jobs have entered the workforce, but have Americans begun spending that hard-earned money they are making? No, not yet, and it’s hard to tell when they will start.

Who Are the Richest People in America?

In recent years we have seen a boom in stock market growth, benefiting the richest people in the US greatly. Though good for those at the top of the income ladder, it has made it more difficult for those coming into wealth to join their upper echelons of wealth. Even the famous Forbes 400 has increased the base wealth of those considered in their listing of wealthy Americans to $1.55 billion, the highest it has ever been. 

Are Airline Miles Frequent Flier Programs Suffering From Inflation?

Frequent flier programs are one of the huge perks of using credit cards in this day and age.  People love watching their points add up, so they can take a special trip for free.  However, free flights come at a price.  And that price is getting a little more expensive.

Americans' Late Credit Card Payments Lowest Since 1994

The biggest news circulating on the cyber news stands this week was the fact that late payments on credit cards are at their lowest point since 1994.

According to the Fox Business report by Kate Rogers, "payments that are at least 90 days overdue fell in the second quarter 0.57%..." That would be the second-lowest rate in almost 20 years. When grunge was king and pogs were still a thing, the rate was 0.56%.

American Express and Wells Fargo to Team Up in 2014

We wrote last month about a report from the Wall Street Journal detailing Wells Fargo's plan to push their credit card offers even further on existing bank members. According to USA Today, Wells Fargo is already moving forward with the new strategy, and they've partnered up with American Express to make it happen.

Credit News Roundup: Credit Card Use Up, Delinquencies Down in May 2013

Some interesting news out today regarding credit cards and the economy at large, as numbers from May trickle in. According to USA Today (via statistics from the Federal Reserve), credit card usage - and balances - were up considerably from May to April.

New Citi® Dividend Platinum Select® Visa® Card Bonus Cash Back Categories Announced

Quarter 3 starts in less than a week, which means Citi® Dividend Platinum Select® Visa® Card members can soon begin earning 5 percent cash back on new bonus categories just announced.

Should Young Adults Be Scared Off by Credit Cards?

There's been a lot of news of late about the growing skepticism young adults have for credit cards. (Some of it even written by

Is Bad Credit Keeping You From Your Dream Job?

We all know carrying a bad credit score can limit your chances of loan and credit card approval while jacking up your interest rates. But did you know having bad credit could also be keeping you from getting hired for your dream job?


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