US credit card defaults have surged to levels not recorded since the 2008 financial crisis, with lenders writing off $46 ...

What is the outlook of the American stock price after soaring to a record high in 2024? We explain whether it has any upside ...

Many Americans are starting 2025 carrying unmanageable credit card debt. The credit card default rate has hit its highest ...

New data shows rising default rates on credit card loans. Card lenders wrote off $46 billion in debt in the first nine months ...

The court held that the July 7, 2008 decision of the NCDRC lacked the jurisdiction to deal with a matter which was a private contract ...

Banks can charge an interest rate of more than 30 per cent on credit card dues from customers as the Supreme Court has set aside a 2008 verdict of the National Consumer Disputes Redressal Commission ...

The verdict effectively brushed aside cross appeals filed by consumer organisations challenging the 36 per cent to 49 per ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before ...

Discover the key difference between credit cards and debit cards in Bangladesh. Empower your financial journey with expert ...

With the removal of the 30% cap, banks and financial institutions may have more flexibility in setting interest rates on late ...

The decision came after several financial institutions, including HSBC, Standard Chartered, and Citibank, appealed to the ...

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