A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points or airline miles.  The Consumer Financial Protection Bureau (CFPB) said Wednesday that companies may violate federal law if fine print disclaimers or vague terms buried in a contract conflict with…

McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing CEO Zak Brown and Mastercard chief marketing and communications officer Raja Rajamannar hosted several media outlets for a roundtable session at the KÀ by Cirque…

If you are renting an apartment for the first time, there are likely many questions swirling in your mind.  You may be wondering how much you should be spending on rent. You could be curious about the potential extra costs beyond rent. Perhaps you’re worried about being approved for the…

The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction disputes and misrepresentations that impacted hundreds of thousands of Apple Card users. The CFPB found a breakdown in how customer service for the Apple Card handled consumer disputes, as Apple failed…

A new push to move credit card users to a digital statement will now come with a penalty for those who don’t want to comply. Credit card companies from big name retailers have been silently rolling out a fee of $1.99 if you wish to keep receiving paper statements.One of…

With summer wrapping up shortly, parents are outfitting their children for the new school year. But American households are struggling to afford back-to-school items such as backpacks, clothing, school supplies and books. This struggle is leading millions of parents to carry debt to make sure their children have what they need…

A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates. New data published by the Federal Reserve Bank of Philadelphia shows that credit card delinquency rates in the first quarter of 2024 rose to the highest…

A growing number of Californians are struggling to pay their credit card bills as they continue to battle steep interest rates and high inflation. New findings published by WalletHub, a personal finance platform, show that several California cities are leading the nation in an uptick in credit card delinquencies. Chula Vista…

Many Americans plan to rely on their credit cards to finance a significant portion of their holiday travel, even if they can’t afford it, a recent survey said.  Roughly 83% plan to pay for a portion of their trip using credit cards, a new Debt.com survey said. More than a…

Credit cards are a ubiquitous part of American finances as individuals seek ways to gain financially for the present and future. Regardless of age or income, credit card use is customary in the United States. In 2023, 82% of US adults had a credit card, according to the Board of…