Greatest increase in two decades hits record. A new report from the Federal Reserve reveals that U.S. household debt has risen to a record $16.9 trillion in the…
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Administration Proposes Lower Credit Card Fees
Late fees would be capped at $8. The Consumer Financial Protection Bureau is proposing an update to the 2009 regulation from the Credit Card Accountability Responsibility and Disclosure…
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FTC Finds Mastercard Violated Durbin Amendment
Order submitted to stop the company’s block of competing processing networks. The Federal Trade Commission (FTC) has found Mastercard’s online business practices to be a violation of the…
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