Credit standards on commercial and industrial loans “changed little” in the final months of 2011, just as U.S. banks saw stronger demand for these types of loans, according to the latest quarterly survey of ...

Payday loans provide consumers quick cash, but they also are notorious for terms that can equal an annual percentage rate of more than 400 percent. Often, these small-amount loans must be repaid before the costumer’s ...

American Express profit rose 12 percent in the fourth quarter, with more customers spending on their cards and much fewer opting to stop paying on their balances. AmEx also took in higher travel commissions and ...

A national measure of consumer credit defaults – when borrowers stop paying back loans – recorded increases in most loan types for December, and a fourth straight month in first mortgage defaults. Bank card ...

Citigroup’s loan business improved in the fourth quarter as consumers did a better job of paying down their credit card balances, but the nation’s third largest bank by assets was hurt by investments and missed ...

You’ve probably already seen the promotion in your e-mail inbox, your actual mailbox or on countless website ads: A $100 “cash back bonus” if you sign up for a credit card. Three of the biggest card issuers ...

Record loan growth and declining delinquencies lifted Discover Financial Services to a net income of $513 million for the fourth quarter ending Nov. 30, a 47 percent jump from $350 million for the same period of ...

Credit card customers more than 60 days late on their payments hit a 23-month low in August, according to Fitch Ratings. These “late-stage” delinquencies have decreased every month of 2010, compared to each ...

Mortgage delinquencies – borrowers 60 or more days past due – posted a 14.8 percent increase in the second quarter of 2010 compared to the same quarter last year, according to credit reporting bureau TransUnion. The ...

A new telemarketing sales rule prohibits for-profit companies that sell debt relief services over the telephone from charging an upfront free, according to the Federal Trade Commission. Starting Oct. 27, these companies ...