Search results for

Credit card debt is at a record high, climbing nearly 19% in the fourth quarter of 2022. Many Americans have exhausted their savings and are now deep in the hole trying to cover the cost of living.

Bank of America will pay nearly $800 million to settle accusations that it misled customers who bought extra credit card products. Regulators say nearly 3 million credit card holders were effected.

Today is the deadline card issuers have given for merchants to be ready to accept the new, more secure, computer-chipped cards. But there's still a long way to go.

Upscale department store Neiman Marcus is the latest retailer to disclose data security breaches. The disclosure comes just a day after Target issued another apology for a data breach that occurred during the holiday season. NPR's Rachel Martin speaks with Brian Krebs, who broke both stories on his blog, KrebsOnSecurity.

Employers added more than 230,000 jobs in December, another sign of continued strength in the labor market.

The nation's biggest banks are leaning toward a new credit card security system that will rely on embedded chips and signatures rather than PINs. But critics say the PIN-and-chip system is superior.

Americans hold almost a trillion dollars in credit card debt. NPR's Ayesha Rascoe speaks with Ted Rossman, a senior analyst for Bankrate, about how interest rates could make missed payments pricier.

The Chase Sapphire Reserve credit card is so popular that the company ran out of alloy. So for the moment, new customers are getting super trendy metal cards that are made of plastic.

The credit card would represent a foray into new businesses for both companies. With a card, Apple may be able to take a larger cut from purchases than it does now through Apple Pay.

The Federal Reserve Bank of New York says a growing number of card user are falling behind on their monthly credit card bills. Fallout from years of rising prices and high interest rates.