The CARD Act of 2009 has reduced Americans' credit card borrowing costs by 1.7% of average daily balances, or about $12.6B in annual savings, or has it?...
College organizations were paid $50.4M for the issuance of credit cards to students by 23 issuers in 2012; $35.6M of that was paid by a BofA subsidiary....
A new infographic visualizes the current state of credit cards in the U.S. and provides statistics on things like number of active cards, purchase volumes, etc....
In the post-Lehman years, the U.S. government and government-sponsored enterprises have become the biggest holders of consumer debt and their lead is widening....