Restaurant Saves Money With Cash
Some merchants have identified creative ways to appeal to their customers to help keep card transactions fees low. If you have ever been to the Friendly Toast in Cambridge, MA for brunch you have probably noticed their sign encouraging customers to pay with cash. Read More |
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Consumer Credit Expands in April, But Misses Expectations
U.S. consumer credit increased by $6.5 billion in April, good news for an economy so reliant on credit as an engine for spending. But forecasters had been expecting a larger bounce. Non-revolving credit also grew, by $10 billion. Read More
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Durbin Asks CFPB To Watch Student Aid Debit Programs
Nine million college students across the country are "at risk" - in the words of Sen. Richard Durbin, that is - because of the way some student financial aid programs distribute their benefits. Durbin has asked the CFPB to look into those programs further. Read More |
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