Credit card debt is becoming a staple of the American household, as more people look to plastic as a personal loan. An estimated 60% of Americans have credit card debt.
Within the past 5 years, 42% of millennials have used alternative financial services like payday loans, pawnshops, car title loans, tax refund advances or rent-to-own products.
Fees and minimum balances can make interest-bearing checking a bad deal.
The big selling point for arbitration has been that reducing legal costs by blocking customer lawsuits would result in lower prices for consumers. But that hasn’t been the case.
A new report from the FDIC shows that fewer American households are unbanked. Find out why they don’t have traditional bank accounts.
CFPB fined the bank nearly $3 million for false advertisements of “free” checking accounts.
Millions of Americans are excluded from the banking system due to reports that document their personal finance histories.
A number of U.S. banks, including JPMorgan Chase, were hit earlier this month by cyberattacks.
KeyBank unveils a new checking account that removes account activation and monthly fees.
The largest banks are doing a better job with their disclosure policies, according to a study.