Posts Tagged ‘credit card’
How Americans deal with Debts
The race to repay debts is on. Americans collectively amassed a staggering credit card debt of $1.13 trillion, marking a 5% increase, equivalent to $50 billion. The influence of credit cards is gaining momentum as they are more readily accessible in the US compared to traditional loans, prompting many Americans to acquire multiple credit cards.…
Read MoreREACh(ing) credit eligibility, all over the US
A credit? Yes! But for whom? This is the new challenge financial entities are delving into: how to make credit possible for everyone, regardless of their credit score. Have you ever heard of the Roundtable for Economic Access and Change (REACh)? In 2020, the OCC launched this project with the objective of offering credit to…
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