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Charging ‘swipe fees’ may be bad practice
By Correy Stephenson In the wake of a proposed settlement between credit card issuers Visa and MasterCard and merchants that would allow vendors to pass along “swipe fees” to their customers, lawyers...
View ArticleAverage US credit card debt per borrower up in 3Q
The average credit card debt per borrower in the U.S. grew 4.9 percent in the July-to-September period from a year earlier to $4,996.
View ArticleAverage credit card debt, late payments fall in 1Q
The rate of credit card payments at least 90 days overdue fell to 0.69 percent in the first quarter from 0.85 percent a year earlier — drop of nearly 19 percent.
View ArticleAverage credit card debt per borrower dips in 2Q
The rate of credit card payments at least 90 days overdue fell in the second quarter to 0.57 percentt, he lowest level since 1994, TransUnion said Tuesday.
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