consumer credit

consumer credit Articles

Home Depot has confirmed what the news reports were indicating -- its payment data systems have been breached!
ThinkstockConsumer borrowing picked up in July. The total outstanding consumer credit, excluding real estate secured loans, increased to $3.238 trillion at a seasonally adjusted annual rate of 9.7%...
ThinkstockReports that Home Depot Inc. (NYSE: HD) was investigating “unusual activity” for what many people believe to be a massive credit card hack took a toll on the nation’s largest home...
The National Consumer Trends Credit Report shows that credit card debt is increasing across all the largest metro areas in America.
ThinkstockWe have yet another economic report this Thursday. This was a report from the National Association of Credit Managers (NACM). You can guess what they track — credit availability,...
Shares of Capital One Financial rose on Monday after an analyst research report highlighted that the company may be the best positioned credit card issuer for its investors ahead.
ThinkstockThe Consumer Financial Protection Bureau has put out a bulletin with extraordinary information. If the co-signer on a student loan dies or files for bankruptcy, the student loan can be...
In the wake of recent high-profile data breaches, Visa and MasterCard said Friday that they have formed a new group aimed at improving payment system security. The new group will include banks,...
Visa is out with its fiscal first quarter earnings report. This is the most dominant stock of the Dow Jones Industrial Average now because of its $217.12 closing price. Because the Dow is a price...
ThinkstockIt is unknown what the real damages are going to be from the Target Corp. (NYSE: TGT) data theft around the holidays of 2013. Target refers to this as a breach, but by getting credit and...
Visa is now the most important stock in the Dow Jones industrial Average. And it was the sixth best performing stock of the index in 2013, so 24/7 Wall St. has run a bullish and bearish analysis for...
Thinkstock24/7 Wall St. has been evaluating peers and rivals for valuation analysis now that the end of the year is coming up. Stocks have been challenging all-time highs and the S&P 500 index is...
ThinkstockThe Federal Reserve reported on Monday afternoon that total outstanding U.S. consumer credit rose 4.4% in July, from a revised estimate of $2.842 trillion in June to $2.852 trillion. A...
ThinkstockLess than half of Americans who use credit cards say they “completely understand” the terms of use for their cards. And just under 60% say they understand how to earn those rewards that...
ThinkstockConsumer credit rose by $13.8 billion in the month of June, but it is not exactly debt going on credit cards. The Federal Reserve showed that revolving credit, credit used on cards and the...