Articles for tag: Card, Credit, Delinquencies, Festival, Growth, Loom, ominously, Prospects, Regulatory, Rising, Scrutiny, Season, Spending, Surge

September 27, 2024

Credit card spending may surge during the festival season, but rising delinquencies and regulatory scrutiny loom ominously over growth prospects.

Credit card spending is anticipated to increase during the upcoming festival season, driven by discretionary purchases and promotional offers. However, growth may be tempered due to stricter regulations on unsecured lending and rising delinquencies in credit card payments. In August 2024, credit card transactions rose by 13.51% year-on-year, but there was a slight decline compared ...

September 24, 2024

Market News

Politics

Yogi Adityanath: From Mafia Fears to Development Dreams—Is Unity the New Caste Card in UP Politics?

In a recent address in Mirzapur, Uttar Pradesh Chief Minister Yogi Adityanath criticized opposition parties for their past alliances with the mafia, claiming they now hinder the state’s development. He emphasized the importance of unity, recalling how disunity has historically led to setbacks, including the long wait to rebuild the grand Ram temple in Ayodhya. ...

September 13, 2024

Market News

Politics

Yogi Shuffles Ministers Like Card Players: Will New District Charges Revive Voter Trust or Just Shuffle Old Grievances?

Ahead of the upcoming Assembly by-elections in Uttar Pradesh, Chief Minister Yogi Adityanath has redistributed district responsibilities among ministers in a recent meeting. Notably, Surya Pratap Shahi retains oversight of Ayodhya, while Varanasi’s administration shifts to Suresh Khanna. CM Adityanath, alongside Deputy CMs Keshav Prasad Maurya and Brajesh Pathak, has been assigned 25 districts each ...

May 16, 2024

Market News

Business

More people struggling to pay credit card bills as prices go up and interest rates climb

Credit card delinquencies are on the rise, with inflation and higher interest rates being pointed to as the culprits. As prices continue to climb and borrowing costs increase, more and more people are struggling to keep up with their credit card payments. Stay informed on the latest developments in personal finance to better navigate this ...

May 14, 2024

Market News

Business

Rising Number of Americans Struggling to Pay Credit Card Bills – Learn Why!

According to NPR, a growing number of Americans are struggling to keep up with their credit card payments. As the economy continues to face challenges, more people are falling behind on their bills, leading to increased financial stress. This trend highlights the ongoing financial insecurity facing many households across the country. Click to Claim Latest ...

May 11, 2024

Market News

Business

Judge stops plan to slash credit card late fees to $8 – find out why!

A recent ruling from a judge has put a halt on plans to limit credit card late fees to $8, affecting millions of consumers. The decision, announced by NPR, has sparked controversy among financial institutions and cardholders alike. Stay tuned for updates on this developing story. Click to Claim Latest Airdrop for FREE Claim in ...