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Average late fee charge reduced from $32 to $8
President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
Almost 50% of all credit card holders are carrying credit card debt
The new survey found small businesses are spending an average of $13,000 per month on their credit cards
Electronic Payments Coalition survey found that most Americans currently have a credit card with a rewards program
While housing demand increased, it was still more than 20% below this time in 2022
Survey found more than half of Americans are not paying off cards in full every month
Interest rates for credit card holders have climbed to a record high of more than 20%
The losses are already the fastest pace in decades and comes even while the economy is relatively stable
US fintech receives clearance to ship its biometric card with inbuilt battery
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