Rising delinquencies support the decision by major issuers to tighten lending standards. Card delinquencies in the U.S. rose ...

But credit card issuers say more people won't care about when they pay if a late fee is merely $8. Issuers stand to lose big money on such a change, given that they charge $32 on average for a ...

Issuers stand to lose big money on such a change, given that they charge $32 on average for a late fee now. The Consumers Bankers Association, which represents many of the nation's largest credit card ...

But the company behind the report’s survey, Credit One Bank, isn’t just highlighting an industry-wide issue and walking away.

Capital One Financial Corporation completed its acquisition of Discover Financial Services. The deal, first announced in February 2024, is valued at $35.3 billion. The acquisition combines two of the ...

Wall Street’s largest banks are pulling back on new credit card approvals, cutting off access for many Americans during ...

At the same time, nine of the largest credit card issuers in the country reported offering at least one credit card with an annual rate of over 30%, but here's the rub: Most of the sky-high ...

A deal for JPMorgan to take over the Apple Card and its huge book of loans would further burnish the bank's reputation as a ...

JPMorgan Chase is in advanced talks to take over Apple’s credit-card program, according to people familiar with the matter.

But credit card issuers say more people won't care about when they pay if a late fee is merely $8. Issuers stand to lose big money on such a change, given that they charge $32 on average for a ...