Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

An Apple-Goldman credit card could help both titans

Feb 21, 2019
A report in the Wall Street Journal Thursday said Apple is about to launch a new credit card with Goldman Sachs. The move comes as Apple is trying to diversify its revenue sources away from iPhones, which have been struggling around the world. For Goldman, the reported partnership could be the bank’s latest attempt to […]

How can mobile payments in China be greater than GDP?

Jan 22, 2019
Some listeners balked when we reported $23 trillion in mobile payments there in 2016.
Mobile payments made through third-party providers like Alipay bring China's total mobile payment transactions in 2016 to around $38 trillion.
Johannes Eisele/AFP/Getty Images

Going cashless in Shanghai

Jan 15, 2019
Chinese mobile payment apps have surged in popularity. Could U.S. credit card companies compete?
A driver pays a highway toll using mobile payment method Alipay in Zhejiang province.
STR/AFP/Getty Images

Expanding economy has consumers feeling flush enough to keep borrowing

Jan 9, 2019
The Federal Reserve reports that outstanding consumer credit rose by $22 billion dollars in November, after an even bigger rise in October. That puts U.S. consumers on track to increase their total debt on credit cards, student-loans and car-loans by 6-3/4 percent this year. How might that record-high consumer debt impact the U.S. economy?  Click the […]

Capital One, Discover scale back credit card offerings

Nov 5, 2018
Companies trim credit limits, balance transfers to limit risk in case of slowdown.
Financial expert Carmen Wong Ulrich says credit cards aren't bad --  until you start looking at them as free cash.
iStockphoto

Credit card interest rates are rising

Oct 9, 2018
The average rate is just over 17 percent, and it's expected to keep going up.
Joe Raedle/Getty Images

NerdWallet is changing how we shop for financial products

Sep 19, 2018
"Money is complicated. ... We try to make it easier," CEO Tim Chen says.
Tim Chen, the CEO and co-founder of NerdWallet, said the company started as a spreadsheet after his sister asked for help finding a credit card.
Courtesy of NerdWallet

For public good, not for profit.

Why does everybody want me to check my credit score?

Aug 8, 2018
Once a closely held secret, free scores are abundant.
Major credit card companies could be getting into the buy now, pay later space.
DAMIEN MEYER/AFP/Getty Images

How those big credit card reward programs could help you save on insurance costs

Jul 23, 2018
Credit Card reward programs are not just about travel perks.
Chase

Rising credit card delinquency seen as tied to climbing interest rates

May 22, 2018
U.S. household debt hit a record $13.2 trillion in the first quarter of 2018, but Americans seem to be handling it okay. Consumer debt levels are stabilizing, according to The New York Fed’s quarterly household debt report. But rising interest rates seem to be squeezing household finances in at least one area: credit card debt. […]