Credit Cards

July 10, 2018

Business-Loan Drought Ends for Banks

Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 6, 2018

Housing Costs to Blame for Low Millennial Homeownership

The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 4, 2018

Fourth of July: By the Numbers

Americans are expected to spend $6.9 billion on food for Fourth of July cookouts and picnics tomorrow, according to the annual survey released by the National […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 22, 2018

Home Prices Outpace Pay Increases

Affordable housing is increasingly hard to find in today’s market. According to data from Trulia, America’s inventory of starter homes has decreased by almost half compared […]
June 21, 2018

Final Exams: Big Banks Expected to Pass Stress Tests

Later this month, the Federal Reserve will announce the results of the annual stress tests for banks, but one firm is already predicting banks will pass.  […]
June 19, 2018

Leasing Business Volume Down 13%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for April was $7.9 billion, unchanged year-over-year […]
June 18, 2018

Credit Card Issuers Prepare for Darker Days

A slump in U.S. consumer credit is inevitable, and the key question is when it will arrive.  The answer has big ramifications for the $1 trillion […]
June 8, 2018

What to Buy in June

Warm weather, wedding season, and hurricane season all bring discounts in June. Consumers will also find continuing sales on some items that were good deals in […]