Tag Archives: Credit

Tempted to open a new credit card? It might get more difficult. Powell warns of ‘tighter credit conditions for households and businesses’

By Andrew Keshner The Fed raised its benchmark interest rate by another 25 basis points on Wednesday as it battled inflation. Federal Reserve Chair Jerome Powell this week gave credence to predictions that the bank will begin to tighten credit standards. On Wednesday, Powell called the country’s banking sector “healthy and resilient.” But he added… Read More »

Carrying a wallet full of credit, debit cards? This woman’s story may give you pause. – money.andronezia.com

Losing a wallet is more than an inconvenience. You could lose your cash, credit cards and driver’s license, or worse. You can become a victim of identity theft. No matter how carefully you think, things happen. It doesn’t have to be a snatch of a wallet or a distraction and grab by a thief. All… Read More »

What to do with your credit card debt now that the Fed raised rates again – money.andronezia.com

Editors Note: (This is excerpted from a story that originally aired on March 22, 2023.) New York (CNN) The Federal Reserve on Wednesday raised its main interest rate for the ninth time since last March. Whenever the Fed raises interest rates, the interest rates that banks charge their customers tend to follow suit. That means… Read More »

Tempted to open a new credit card? It might get more difficult. Powell warns of ‘tighter credit conditions for households and businesses’

By Andrew Keshner The Fed raised its benchmark interest rate by another 25 basis points on Wednesday as it battled inflation. Federal Reserve Chair Jerome Powell this week gave credence to predictions that the bank will begin to tighten credit standards. On Wednesday, Powell called the country’s banking sector “healthy and resilient.” But he added… Read More »

Advantage reduces credit card interest rates – money.andronezia.com

19 mins ago Finance 10 Views By: Andrea Decker March 24, 2023 Advantage Federal Credit Union reduces interest rates for members with Advantage credit cards who have upgraded their credit ratings, Complete access to news articles on rbj.net is available to logged-in Rochester Business Journal subscribers. Customers can login in the login tab below. Others… Read More »

Resident Claims Unauthorized Sports Bets Were Made To Credit Card – money.andronezia.com

16 mins ago Finance 3 Views Palos Hills Police said the resident had their credit card in hand when betting at the online sportsbook. Mar 24, 2023 12:08 CDT PALOS HILLS, IL — A resident claims an unauthorized charge was made to their credit card, a Palos Hills report says. On March 13, officers went… Read More »

If You Keep Your Credit Card in Your iPhone Case, Change This Setting Now – money.andronezia.com

Some of the best iPhone cases it also doubles as a wallet, letting you carry your phone, credit cards and more in one sleek package. But it also means you put your sensitive personal items in the same basket. If you lose your iPhone and case or someone steals it, thieves can have everything they… Read More »

Why you should bench credit cards for March Madness bets – money.andronezia.com

Comment on this story Comment By the end of the 2023 NCAA tournament, it is estimated that one in four Americans will have wagered $15.5 billion on multiple games, according to the American Gaming Association. Last year, Matt Cappelen — a 34-year-old firefighter from Elk Grove Village, Illinois — would be in the middle of… Read More »

Gen Z Is Accumulating Credit Card Debt Faster Than Other Gens: Report – money.andronezia.com

Gen Z are piling up credit card debt and falling behind on their payments faster than any other generation, says a new report. Kena Betancur/Getty Images Gen Z is racking up credit card debt faster than any other generation, according to a Credit Karma report. It was also the only group to see debt increases… Read More »