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Price regulations harm more people than they benefit.
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The Department of Justice sued payment processing giant Visa on Thursday to block the company’s purchase of financial technology startup Plaid, calling it a monopolistic takeover of a potential
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Millions of Americans are missing payments on credit cards and car loans as the coronavirus pandemic squeezes consumers’ wallets, data shows. Nearly 15 million credit cards, or about 3.2 percent of the nation’s accounts, were in “financial hardship” status in April, according to figures from credit-reporting company TransUnion. That means the accounts were frozen, in …
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If you can’t pay your credit card because you lost your job owing to the coronavirus pandemic, your card company might help. Depending on the card, the issuer might let you skip a month, waive fees or extend your credit line. Banks, the big credit card issuers, are “working to identify and assist affected clients …
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Dear John: Jeff Richardson here from VantageScore. I thought I’d briefly point out that our models do in many cases consider the credit history and age of closed credit card accounts. As with many things, it depends on what else resides in a person’s credit file. But it is not correct to state that the …
Price regulations harm more people than they benefit.
