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Amid sharp interest rate hikes, credit card balances can be costly for consumers
Americans have blasted through their pandemic savings and are increasingly turning to credit cards to sustain their spending. But keeping a balance on a credit card is getting more expensive.
Listen
•
3:27
Applebee's Customers In 15 States May Have Had Credit Card Information Exposed
A franchise owner of 167 Applebee's restaurants in 15 states says malware on its point of sale systems could have exposed customers' credit card information to hackers.
The financial industry may use credit card data to identify suspicious gun purchases
Every time you swipe a credit card, you produce data. Now, a new tool could help the financial industry use that data to identify suspicious gun purchases. But will they want to use it?
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•
3:34
More Americans Pay Rent On Credit Cards As Lawmakers Fail To Pass Relief Bill
Many Americans who've lost income in the pandemic are falling deeper into debt — forced to pay bills or even their rent on credit cards. It's a sign of trouble ahead for the economy.
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•
4:10
Why many business owners would love it if you stopped using your credit card
The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.
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•
3:56
Two major credit card companies, Capital One and Discover Financial, may join forces
Two of the nation's biggest credit card companies hope to combine forces. Capital One has offered to buy Discover Financial in a deal valued at $35 billion.
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3:38
The Valkyrie Who Maxed Out Her Credit Cards: Christine Goerke Sings Brünnhilde
Goerke, who's singing in the current Metropolitan Opera Ring cycle, overcame a vocal crisis to become one of today's leading dramatic sopranos.
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•
7:28
Holiday shoppers are opting to buy now, pay later — without using credit cards.
Klarna, Affirm, and other companies are pushing "buy now, pay later" sales models. And consumers are taking advantage.
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4:12
What an interest hike would mean for credit card holders, mortgages, student loans
NPR's A Martinez asks Michelle Singletary, personal finance columnist for The Washington Post, about what the Federal Reserve's plan to consider raising interest rates means for your wallet.
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3:39
A new credit card code is a first step toward preventing gun violence, advocates say
A new "merchant code" for credit cards will categorize purchases made at gun stores. But there are limitations on its usefulness — including that most guns in the U.S. aren't bought at such outlets.
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