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Credit Card News

LowCards editors offer up-to-the-minute insights into important breaking news stories in the credit card and financial services industry.

November 28, 2020

Absent New Stimulus, Wealthy Pay Off Credit Cards, While Others Dive Deeper into Debt Many people, including those who cannot access unemployment, are...
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November 20, 2020

Credit Card Debt Is Falling. That’s Good News and Bad News A report by the New York Federal Reserve found that credit card debt is falling. That’s...
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November 12, 2020

Wells Fargo Seeks Bidders For Private-Label Credit Card Unit Wells Fargo is seeking to sell its private-label credit card and point-of-sale financing ...
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November 6, 2020

Card Companies, Surprised by Low Write-Offs, Seek New Customers Lenders have spent months puzzled by the persistently low delinquencies on their credi...
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October 23, 2020

JPMorgan Chase Takes on Square and PayPal with Smartphone Card Reader, Faster Deposits for Merchants JPMorgan Chase is rolling out a checking account ...
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October 16, 2020

Short-Term Interest Rates Are Close to Zero. Some Credit Cards Are Still Charging 30%   Short-term benchmark interest rates are close to zero. For mo...
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October 9, 2020

U.S. Consumer Borrowing Falls on Smaller Credit Card Balances U.S. consumer borrowing unexpectedly fell in August as credit-card balances declined for...
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October 2, 2020

U.S. Credit Card Debt Fell in 2020’s Second Quarter Millions of Americans are struggling with income loss during the Covid-19 pandemic, so you&#...
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September 25, 2020

Ruth Bader Ginsburg Paved the Way for Women to Get Credit Cards But there’s a less known aspect of her legal work that has had profound consequences...
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September 18, 2020

Get $40 Off a $40 Target Purchase After Approval for the Target RedCard  Target is known for its red bullseye logo and Target Circle Offers that help...
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