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Top related persons:
Ira Rheingold - 2 Banks - 1 Matt Schulz - 1 JPMorgan Chase - 1 Mark Elliot - 1 Doug Kantor - 1 Mark Mason - 1 Rich Fairbank - 1
Top related locs:
Edmunds Stoneham , Massachusetts Dallas
Top related orgs:
National Association of Consumer - 2 Consumer Financial - 1 Mastercard - 1 Visa - 1 Bank Policy Institute - 1 Electronic Payments Coalition - 1 UBS - 1 JPMorgan - 1

Search resuls for: "Ira Rheingold"


2 mentions found


☆ Credit Card Companies Are About to Invent New Fees for Consumers
  + stars: | 2024-04-07 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +8 min
Some of those annoying fees on your credit card may soon be getting smaller. Banks and credit-card companies are almost certainly trying to figure out where else they squeeze money out of you. The response to the interchange-fee settlement has been a bit more muted: The Electronic Payments Coalition, which represents Visa, Mastercard, and other credit-card companies, said it was OK with the swipe-fees cap. Taken together, it's clear that many companies in the credit-card business would rather not be dealing with this situation. According to the Merchants Payments Coalition, Mastercard is now planning to increase different credit card fees soon, it's "network assessment" fee.
Persons: Banks, Matt Schulz, JPMorgan Chase, Mark Elliot, Doug Kantor, Mark Mason, Rich Fairbank, We've, it's, Ira Rheingold, Amanda Jackson, Emily Stewart Organizations: Consumer Financial, Mastercard, Visa, Bank Policy Institute, Electronic Payments Coalition, UBS, JPMorgan, American Express, National Association of Convenience Stores, Merchants Payments Coalition, Capital, JPMorgan Chase, National Association of Consumer, Companies, Financial Reform, Business
☆ Forever in debt: Why U.S. loans are getting longer
  + stars: | 2023-06-05 | by ( Chris Taylor | ) www.reuters.com   time to read: +4 min
NEW YORK, June 5 (Reuters) - Consumers facing high asset prices and rising interest rates have a few loan options. But if you must go ahead, either face taking on a big monthly payment, or stretching out the loan term to keep the monthly bill down - as many are doing. New car loans lasting 73-84 months (over six years) rose to 34.4% of the market in 2022 from 28.6% in 2018, according to auto information site Edmunds. A few borrowers are going even longer, with less than 1% of new car loans lasting 85 months or more. MAKE SOME HARD DECISIONSIf you must keep pushing out the loan term to afford an asset, that may be a signal to get real.
Persons: Ira Rheingold, Rheingold, Eric Scruggs, Brandon Gibson, Erin Witte, Witte, Lauren Young, Richard Chang Organizations: YORK, National Association of Consumer, Housing Administration, Consumer Federation of America, Thomson, Reuters Locations: Edmunds, Stoneham , Massachusetts, Dallas
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