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The proposed Credit Card Competition Act, a bipartisan bill introduced last year by Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS), targets the dominance of payments processors Visa and ...
The Capping Credit Card Interest Rates Act would have capped card interest rates at 18 percent, including all finance charges. That bill also didn’t go anywhere.
The GM credit card program will remain exclusively under the Mastercard brand, offering additional cardmember benefits. Last week, GM Energy launched an energy storage product called the PowerBank ...
The application rate for credit card limit increases is on the rise as shoppers struggle to afford to buy presents this holiday season, according to the Federal Reserve Bank of New York. I'm a...
The average credit card interest rate stands at 20.35%, just slightly below a record-high of 20.79% attained in August before the Fed began cutting rates, Bankrate data showed.
The jump in average credit card rates to 20.72% today from 16.16% two years ago is almost fully attributable to the Fed's rate hikes to tamp down on inflation, Rossman said. Keeping credit ...
As of 2023, 24 different players have been conferred with the highest civilian and sports honours of India, including the Padma awards and the Arjuna Award. Viswanathan Anand was the first sportsperson to receive the second-highest civilian award, Padma Vibhushan , in 2008 and the inaugural highest sports award, Rajiv Gandhi Khel Ratna (now ...
Barclays <BARC.L> is also among a small number of bidders for the automaker's credit card business, which has about $3 billion in outstanding balances, the WSJ reported, adding that a decision was ...