Capital One announced this Monday the purchase of Discover Financial Services, a credit card financial institution, for $35.3 billion (about 32.8 billion euros), which will be paid entirely in shares. The combination of the two entities will create the largest U.S. card firm by loan volume. Capital One has taken ... Read more
Read More »Why is it an important time to pay off your credit card debt?
NEW YORK — Financial stress is rising for Americans who had no savings before the pandemic. Experts say inflation, rising interest rates and the expiration of pandemic-related aid — such as suspending student loan payments — have led to historic high credit card debt. Americans will hold more than $1.05 ... Read more
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