FinTech News
Personal Finance
American Credit Card Consumers Paid Down a Record $82.9 Billion in 2020
For only the second time in 35 years, Americans ended last year with less credit card debt than they started it with. Although U.S. consumers added $36.7 billion to their credit card debt during the fourth quarter of 2020 — snapping a three-quarter payoff streak — that wasn't enough to erase the progress of the previous months. As a result, credit card debt fell by a record $82.9 billion year...
Economic News
U.S. Economy Gains 379,000 Jobs in February
The short month of February saw thousands of jobs return to the United States. According to the latest Bureau of Labor Statistics data (as reported by Axios), the U.S. regained 379,000 jobs last month. That result well outpaced the 210,000 jobs that economists had expected to see. Furthermore, it was the best month for growth since October of 2020.
Best of the Web
Top 10 Personal Finance Articles of the Month — February 2021
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. We'll start off by looking at both the nature of success and the shame that often surrounds matters of money. After that, we'll highlight two examples of evolving finances followed by a pair of posts involving money decisions. Lastly, we'll close things out on the...
Credit Card News
Delta and Amex Roll Out New Welcome Offers for Co-Branded Credit Cards
Editor's note: Some of the offers mentioned below may no longer be available. Please click each card's link to view the latest information. On the heels of United and Chase rolling out increased welcome offers for their co-branded line-up, another airline and credit card issuer duo has done the same. Delta and American Express have just announced limited-time welcome bonuses for several of their SkyMiles cards. As a result, new...
FinTech News
American FinTech Council Forms to Highlight Financial Inclusion, Transparency
As various financial technologies have grown in recent years, so has regulatory scrutiny. What's more, among several well-intentioned startups, some bad actors have given the online lending and greater FinTech industries bad names at times. To combat this, some companies have banded together in order to help influence any regulations that may come down the pike. Now, two such organizations are coming together in a bid to further expand their...
Personal Finance
Credit Bureaus Extend Weekly Free Credit Reports Offer for Another Year
Last April, as the COVID-19 pandemic led to shutdowns in many parts of the country, the three major credit bureaus in the United States announced that they'd begin allowing consumers to download their credit reports on a weekly basis at no cost. Now, that program is being extended for another year. This week, Equifax, Experian, and TransUnion announced that consumers will continue to have access to their credit reports once...
Small Business News
