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Debit Cards overtake cash as the most popular payment type, according to Fed diarists

December 11th, 2019 at 12:13 pm » Comments Off

  The growing popularity of debit cards and the displacement of cash by card and electronic payment alternatives is nothing new, but a Federal Reserve banks’ report released Thursday shows debit cards for the first time have surpassed cash as the most-used payment type. The findings come from the 2018 Diary of Consumer Payment Choice, […]



This map shows Americans’ average credit score in every state

June 1st, 2019 at 3:58 pm » Comments Off

An aerial view of the downtown Minneapolis skyline and Loring Park. Minnesota residents can brag about more than their 10,000 lakes — they typically have the country’s best credit scores too. As in previous years, the midwestern state has America’s highest average credit score, according to Experian. Those living in Minnesota have an average score […]



Update: Petal’s no-fee credit card for the credit score-less is now open to the public

October 11th, 2018 at 1:42 am » Comments Off

Petal, the startup credit card company that’s offering a no-fee credit line to people without a credit history, is now publicly available. Launched earlier this year by co-founders Jason Gross, Andrew Endicott, David Ehrich, and Jack Arenas, Petal has received a $34 million credit facility from Jeffries and Silicon Valley Bank to bring its consumer […]



The war in cash intensifies: Visa offers restaurants $10,000 to go cashless

July 22nd, 2017 at 3:04 pm » Comments Off

Visa has declared war on cash and its “opening salvo” is to start paying restaurants $10,000 to go completely cash free.



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