A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
NerdWallet1d
Discover it Cash Back Review: 5% Rewards Are Worth a Little Work
This card offers a high rewards rate in rotating categories, a good 0% APR offer and an unusual bonus that could become a windfall. If you don't mind keeping track of bonus categories that change ...
Q4 Beat Shows That Discover Financial Is Still A Winner
Discover Financial Services shows strong growth post-merger with Capital One, but faces risks from interest rate cuts. Read ...
Discovery Financial Services Notches Earnings Beat As Healthy Credit Demand Delivers
"Despite a modest slowdown in US card sales, overall network volume increased driven by growth in our Pulse business," interim CEO Michael Shepherd said.
Discover Agrees to Be Acquired by Capital One
Efforts to conserve capital by suspending share buybacks in the initial stages of the pandemic paid off, and the company was able to navigate the uncertainty of 2020 and 2021 with ease. Discover is in ...
Seeking Alpha14d
Discover Financial Q4 earnings surge past consensus on higher interest income, lower credit losses
Discover Financial ... Average credit card loans of $101.1B vs. $100.3B in Q3 and $99.6B in Q4 2023. Credit card principal net charge-off rate of 5.03% dropped from 5.28% in the previous quarter ...
Discover's Revenue Surges, Loans Dip 6%
Discover Financial Services delivered a robust earnings report exceeding expectations, marked by significant revenue and income growth.
As Capital One's Credit Cards Drive Decent Loan Growth, Credit Costs Should Plateau in 2025
Our fair value estimate for Capital One is sensitive to expectations for net interest margins, credit card receivable growth, and how well the company manages its noninterest expenses. Additionally, ...
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
The Federal Reserve's decision to lower interest rates and hopes of a soft landing for the economy helped ease lenders' concerns about potential credit defaults in 2025. Discover's provision for ...
Investopedia15d
How Interest Rates Work on Car Loans
Buyers with high credit scores usually get the most attractive interest rate offers on a car loan. Shopping for loans from different lenders takes time but it can pay off. Three Big Factors About ...
CNBC15d
Here are the 6 best credit cards for 18-year-olds
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email You can open a credit card ... See rates and fees, terms apply. Read our Discover ...
5 credit card trends to watch for in 2025
How will the changing political landscape affect the credit card industry and, thus, consumers? We’ll find out soon enough.