Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
New legislation would intervene in the credit card market to help businesses like Target and Walmart, who don't like the fees they have to pay to accept credit card payments.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
It’s a win for self-defense rights in ongoing campaigns to conscript businesses for political causes.
Politicians lean on the financial industry to target activities they don’t like.
While some Republicans may have had misguided motivations, a few disrupted McCarthy's campaign in order to enact fiscal restraint. Their colleagues were fine with business as usual.
Neither company will accept charges for Pornhub purchases going forward.
You may be surprised how many different companies know whenever you use your credit card.
Sanders and Rep. Alexandria Ocasio-Cortez want to cap credit card interest rates. There will be unintended consequences.
SCOTUS Won't Hear Illinois Sheriff's Appeal of Order to Stop Threatening Credit Card Companies for Working With Backpage
Visa and Mastercard had ceased serving the site under threat of sanction from the Illinois sheriff.
Oklahoma Police Can Pull You Over and Digitally Seize Money Right Off the Pre-Paid Cards in Your Wallet
Another tool used to fight international trafficking comes home to local police.
A federal appeals court tells Tom Dart to stop threatening payment processors that do business with the classified-ad site.
With no legal authority to do so, Sheriff Tom Dart threatened to go after Visa and MasterCard if they did not cease doing business with Backpage.com.
Score one for sex workers, capitalism, and common sense.
Bitcoin is now the only means of paying for adult ads on the popular web classifieds site Backpage.com.
Going back to Black Friday; Secret Service investigating
Says the Fed ignored congressional intent