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, […]
» Currently browsing: Credit
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 […]
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 […]
Visa has declared war on cash and its “opening salvo” is to start paying restaurants $10,000 to go completely cash free.