CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders. The restructuring plan is expected to reduce the company’s debt by about $1 billion, save it about $75 million in cash interest annually and enable it to invest in growth, the […]
Editor’s note: This is a recurring post, regularly updated with new information and offers. JCPenney credit card overview The JCPenney credit card comes with an interesting introductory bonus but has limited earning and redeeming options that will make it unappealing for most consumers. If you spend a lot of money at JCPenney, it could make …
The Consumer Financial Protection Bureau (CFPB) will reportedly take a closer look at credit card reward programs. This move follows an increase in the number of complaints the agency has received from consumers, CFPB Director Rohit Chopra said Tuesday (March 26), Reuters reported. Speaking with reporters on the sidelines of a Consumer Bankers Association event, Chopra said that credit card issuers too […]
Credit cards aimed at travelers come in various forms, the two most popular being airline credit cards and travel credit cards. While both types of cards can help you pay for travel, several differences may affect your choice. Choosing a card that best suits your travel needs can be challenging considering how competitive the landscape …
This could be a good sign for borrowers since lenders have historically been “hesitant” to extend loans to thin-file or low-credit consumers.
After decades of work, you may be ready to put your credit profile to rest. Who needs credit after they retire? You do—you need credit even after you retire. There
Editor’s note: This is a recurring post, regularly updated with new information and offers. With a new tax season looming ahead, you may wonder if you can pay your taxes with a credit card. After all, charging your taxes to a rewards credit card could mean you earn cash back, points or miles toward travel. …
The journey to financial independence is a marathon, not a sprint. It requires a keen understanding of financial principles, discipline, and a proactive approach to managing money. This guide provides
Fraud involving the employee retention tax credit has received much attention lately from the IRS and Congress. What does that mean for your business?
Australian consumers are yet to break free from the sour mood of the past few years despite a short-lived burst of optimism. The Westpac Melbourne Institute sentiment survey has been trending a little higher than the rock-bottom results of the past two years, influenced by rising inflation and interest rate hikes, although it did record […]
The company, which makes equipment such as a pulse oximeter, also sells
The United States Federal Trade Commission (FTC) has warned the public to be cautious if contacted by people claiming to be FTC staff. in my article on the Tripwire State of Security blog.