The Clash of Credit Card Titans: How China UnionPay Is Surging Ahead
China UnionPay - the Chinese credit card champion - is about to overtake MasterCard by processing volume and is likely to surpass Visa in as few as 2 - 3 years....
Tag: credit card statistics
Credit Cards Are Getting Cheaper
Americans are paying less to use credit cards, as consumer behavior changes and the risk profile of open credit lines shifts away from high-risk accounts....
The Kids Are Alright, Credit Card Edition
A more difficult access to credit makes it harder for young borrowers to build their credit files, postponing the day when they become eligible for a mortgage....
Why You Should Use Credit Cards as Debit Cards
Using a credit card like a debit card - only using it when you have enough funds to fully pay off the sales amount - will help improve credit score over time....
Going Bankrupt Does Scare Lenders Away
Bankruptcy filers get fewer new cards, suffer a significant reduction in their credit limits and the impact seems to be long-lasting; but that is by design....