Proposed Legislation Impacting Credit Card Routing System

Senators Dick Durbin and Roger Marshall proposed legislation that could harm American consumers and small businesses by altering the credit card routing system under the guise of boosting competition.

Consumer Financial Protection Bureau regulations on buy-now, pay-later lenders

The Consumer Financial Protection Bureau is requiring buy-now, pay-later lenders to provide the same protections to shoppers as credit card companies do.

Credit Card Delinquency Rates in the U.S.

Delinquency rates among American credit card holders are at an all-time high, with a record number of active accounts having a balance of over $2,000. The Federal Reserve Bank of Philadelphia report highlights stress among cardholders, with increasing late payments and decreasing credit scores.