Several VISA and MASTER credit cards are shown in Buffalo Grove, Ill., on Thursday, Feb. 8, 2024. NEW YORK — Credit card defaults are on the rise for Americans, reaching the highest level in 14 years.

A bipartisan group of lawmakers led by Rep. Lance Gooden, R-Texas, is pushing legislation that would significantly reform the credit card industry with the purpose of fostering greater competition, ...

Installment features, digital wallets, AI tools, and new funding models are crosscurrents that blur the very definition of ...

FILE - Several VISA and MASTER credit cards are shown in Buffalo Grove, Ill., Thursday, Feb. 8, 2024. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2024 The ...

The exclusive new SoFi Smart Card supports spending, savings, and rewards. In addition, this debit card helps users build credit. The card is a pipeline into the owner’s checking and savings accounts.

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to four classes of notes issued by Mercury Financial Credit Card Master Trust, Series 2022-2 (“MFCCMT 2022-2”), a credit card asset-backed ...

Bank of America's (NYSE:BAC) credit card delinquency rate fell in March, while its net charge-off rate increased, according to a filing by its credit card master trust. The BA Master Credit Card Trust ...

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Avant Credit Card Master Trust (“AVCCT 2021-1”), a credit card ABS transaction ...

Citigroup Inc.’s C subsidiary, Citibank N.A., reported mixed performance in its credit card metrics for August 2025 in a recent SEC filing. While delinquency rates improved compared with the prior ...

FILE - Several VISA and MASTER credit cards are shown in Buffalo Grove, Ill., Thursday, Feb. 8, 2024. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2024 The ...