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Credit trends for card lenders appears to be "just fine" for Q1, as credit card delinquency and net charge-offs slowed in March, according to one analyst.
Nestor V. Tan President and CEO BDO Unibank Inc. Manila, Philippines – BDO Unibank Inc. President and CEO Nestor V. Tan has ...
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Inquirer Business on MSNBDO expects leaner full-year profitBDO Unibank Inc. opened 2025 with higher profits, although the Sy-led lender admitted it might not be able to repeat the ...
Only making minimum payments can have big consequences for your wallet — especially in today's high-rate landscape.
The $35.3 billion deal reshapes the credit card landscape — and could impact your rewards, interest rates and card perks.
In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed, aiming to ...
Many credit cards offer promotional 0% interest periods on balance transfers which typically last from 12 to 21 months. Transferring your current high-rate balances to these cards can provide ...
Credit card interest rates, also known as the Annual Percentage Rate (APR), are usually above 20%, making it a costlier borrowing option if not repaid on time. Credit cards are preferable for day ...
Making matters worse is that credit card interest rates are notably high right now. And they may not fall for quite some time for one key reason. It’s a matter of stubbornly high inflation You ...
Credit card rates may not decrease for quite some time. Rates are likely to drop once the Fed lowers its benchmark interest rate, which may not happen for a while due to lingering inflation.
One type of credit card—the 0% annual percentage rate credit card—can even work as a type of interest-free loan when you use it for purchases. Some cards in this niche let you avoid interest ...
The credit card NPAs can be attributed to overspending, financial hardships such as job loss, and high interest rates on outstanding balances. Rewards for high spending, discounts on shopping and ...
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