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Robinhood to pay record $70M to settle range of allegations | Financial Markets News
Robinhood Financial will pay nearly $70m to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience. The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority […]
‘Buy Now, Pay Later’ Consumer Financing Takes On Credit Cards
What’s old is new again as many young shoppers buy products using no-fee installment payment plans known as “buy now, pay later.” And for everyone from giant retailers like Walmart (WMT) all the way to small merchants, the payment plans offer a chance to win over Millennials and Gen Zers. […]
How To Pay Your Mortgage With A Credit Card
We may receive payment from affiliate links included within this content. Our affiliate partners do not influence our editorial opinions or analysis. To learn more, see our Advertiser Disclosure. Savvy miles and points collectors try to put every expense they can on a credit card to earn bonus points. What […]
Revolving credit balances grew by 11.4% in May, Fed finds: How to pay off your credit cards
Revolving credit debt increased 11.4% in May, according to the Fed’s latest report. Credit card borrowers with high balances and monthly bills could consider paying off debt with one of these methods. (iStock) The coronavirus pandemic kept many Americans quarantined at home throughout 2020, sheltered away from high-cost activities like […]