consumer-finance
7 stories related to this topic, newest first.
Financial Well-Being Gap Between High and Low Credit Americans Surpasses 2019 Levels
The gap in overall financial well-being between Americans with super prime credit and those with subprime credit has now exceeded levels seen in 2019. This development was reported by MarketWatch. It reflects differences in financial stability across credit categories in the curr…
New Zealand High Court Rules ANZ Breached Section 22 of Consumer Finance Act in Class Action
The High Court in New Zealand has delivered summary judgment in a class action under the Credit Contracts and Consumer Finance Act 2003. The court found that ANZ New Zealand breached Section 22 of the act. ANZ New Zealand is now reviewing the judgment and considering its next ste…
Guwenjia / Wikimedia (CC BY-SA 4.0)Illinois Law to Ban Interchange Fees on Taxes and Tips Effective This Summer
An Illinois law scheduled to take effect this summer will prohibit banks from charging interchange fees on taxes and tips. The measure has prompted opposition from banks. The law aims to reduce costs for consumers and businesses by limiting these processing fees.
Zelensky Calls for Ukraine to Develop Independent Anti-Ballistic Missile Capabilities
Zelensky said Ukraine cannot rely on the U.S. for missiles and must build its own capabilities, noting limited U.S. production. Separately, the share of buy now, pay later users turning to the service for groceries has risen sharply. Data from LendingTree shows the figure doubled…
Salmon Raises $60 Million in Equity and $40 Million in Debt for Philippines Expansion
Manila-based consumer finance app Salmon has secured $100 million in new funding to scale its digital banking services for underbanked Filipinos. The round includes equity from investors like Spice Expeditions and debt from the Nordic bond market. Founders aim to build new produc…
slashgear.comRising Gas Prices Unlikely to Yield Major Car Insurance Savings, Insurify Reports
A report from Insurify indicates that even if drivers reduce mileage due to higher gas prices, car insurance savings would be minimal. Gas prices have increased to around $4 per gallon amid conflict in the Middle East and a U.S. military blockade of the Strait of Hormuz. The anal…
Credit Cards Offering Rewards and Perks for Golf-Related Spending
Several credit cards provide rewards and benefits tailored to golf enthusiasts, including cash back on equipment and access to events. Options include cards from Wells Fargo, Chase, American Express, Marriott Bonvoy, and Citi. These cards feature varying annual fees, welcome bonu…