ShareSave Millions of British households are facing an average £107 rise in monthly mortgage payments as their deals expire, according to the Bank of England. It has said that 3.6 million home loans are coming up for renewal over the ...

VisualCommunications/Getty Images Credit card delinquency rates dropped in the first quarter, while interest rates reached historically high levels — both signs that suggest card issuers have tightened their underwriting standards. The average purchase annual percentage rate for general-purpose cards climbed ...

Minnco Credit Union and the Minnco Foundation have announced a $200,000 donation to New Pathways, a nonprofit, supporting families with children experiencing homelessness. The gift supports New Pathways’ Hope Lives Here capital campaign, which seeks to raise $3.5 million to ...

Acting Office of Management and Budget director Russ Vought speaks during the daily press briefing ... More COPYRIGHT 2019 THE ASSOCIATED PRESS. ALL RIGHTS RESERVED. Last week I participated in the radio show On Point to discuss the legacy of ...

Rhode Island was the only New England state that still allowed the high-interest loans, which are generally regarded as predatory. The action capped 15 years of effort by consumer groups. Borrowers commonly get trapped in an endless cycle of debt ...

Adobe Stock Zelle added more community banks to its ranks over the last six months than it did in the prior year, feeding the peer-to-peer payment network's need to reach a wide range of financial institutions. Zelle added 178 financial ...

Nupur Anand By Nupur Anand NEW YORK (Reuters) -Major U.S. banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking. When JPMorgan Chase, Citigroup and Wells Fargo kick off second-quarter ...

Credit card debt in the United States reached a new nominal record in May, with balances totaling $1.31 trillion. However, when adjusted for inflation, the current total remains below the all-time high recorded in 2008, according to analysis of the ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced bills to cap credit card interest rates, but ...