Between 74% and 85% of active US credit card accounts would either be closed or face substantial cuts to their credit limits.

If you're worried about increasing your balances due to an unrequested credit limit increase, you can call your issuer and request that it revert your limit back to the previous amount. You can also get ahead of these automatic credit limit increases and request your issuer not do so without your consent first.

Speaking in Davos, President Donald Trump said he is “asking Congress to cap credit card interest rates at 10% for one year,” arguing that high card APRs are “one of the biggest barriers to saving for a down payment on a home,

NEW YORK--(BUSINESS WIRE)--Lithic, a leading financial technology platform known for powering growth businesses with bespoke card solutions and seamless money movement, today announced the launch of its Commercial Revolving Credit API, expanding its suite ...

Banks are increasing credit limits by more than $40 billion per quarter, often without their customers’ consent. New data from the King’s Business School and the Federal Reserve Board suggests this quiet strategy has an agenda,