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News Found with the Tag: "Rates"

Apple Card is coming
Apple Card is coming

Posted:

Along with the announcement of the new Apple TV platform came the news that the Apple Card is coming this summer. If you leave your wallet at home never fear because the Apple Card will be built into the Apple Wallet app on your iPhone. Using this credit card will be very similar to using Apple Pay… Continue reading

Credit Card Default Rates Are Up
Credit Card Default Rates Are Up

Posted:

The February 2018 consumer credit default indices by S&P and Experian are out. They show that credit card default rates are up seven basis points, hitting 3.64 percent. On the other hand, the rate for auto loan defaults rose just two points to 1.09 percent, and the rate for first-time mortgages… Continue reading

Credit Card Limits Up, Up and Away
Credit Card Limits Up, Up and Away

Posted:

Credit card limits had an upswing during the first six months of this year, according to a new study by Experian, with credit card limits in both the subprime and deep subprime credit range equaling $6.4 billion – the largest amount in the past five years. Continue reading

News Tags: Payments, Rates
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