Millennials are excessively reliant on credit cards, which holds their credit scores down and prevents them from getting the most favorable terms on new loans....
In the US, Visa and AmEx are growing faster than their domestic rivals - MasterCard and Discover - but globally, China UnionPay is expanding faster than anyone....
You can't store digital dollars under your mattress, but if someone could figure out how to do it, its victory over the paper dollar would be complete....
Whether retailers choose to recognize it or not, there is only one holiday shopping month - December - when card spending is 38% higher than the annual average....
U.S. credit card charge-offs fell to 3.44% in 2013 Q3; the 60-day delinquency rate dropped to 1.30%; the monthly payment rate (MPR) spiked to 26.27%....
