Similar Stories to Obama Attacks Credit Card 'abuse' on Bing News

Obama attacks credit card 'abuse'

President Barack Obama tells US credit card firms to scrap unfair interest rates and be fairer to customers.

Sections:  news   politics   business   
Topics:  barack obama   consumers   credit cards   fees   interest rate   
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BING NEWS:
  • At Risk of Missing a Credit Card Payment? Act Now to Lessen Impact
    If you're at risk of defaulting on a credit card payment, acting quickly can keep costs manageable and credit scores from plummeting.
    05/16/2024 - 8:17 am | View Link
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    05/16/2024 - 6:56 am | View Link
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    With inflation continuing to rise, albeit at slower pace, Americans are struggling to pay their bills. The latest evidence is in a report from the Federal ...
    05/15/2024 - 11:01 pm | View Link
  • Credit card delinquencies surge, almost 1 in 5 users maxed-out: Research
    Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers are “maxed-out.” According the new report, issued by the bank’s Center ...
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    Credit card delinquencies rose in the first three months of the year. That's a sign of the growing financial stress some families are feeling in an era of rising prices and high interest rates.
    05/14/2024 - 10:19 am | View Link
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