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  2. Judge blocks Biden administration rule capping credit card ...

    www.aol.com/judge-blocks-biden-administration...

    The new rule would apply to large credit card issuers — those with more than 1 million accounts. These companies represent more than 95% of total outstanding credit card debt, according to the CFPB.

  3. Capital One-Discover merger could put a bigger squeeze on ...

    www.aol.com/news/capital-one-discover-merger...

    Rust nodded to a report last week from the Consumer Financial Protection Bureau, which found that the 25 largest credit card issuers already charge customers interest rates eight to 10 points ...

  4. Want a better credit card interest rate? Try smaller ... - AOL

    www.aol.com/finance/want-better-credit-card...

    Large banks charge higher interest rates, irrespective of credit score. According to the consumer protection agency, the 25 largest credit card issuers charged interest rates that were 8 to 10 ...

  5. Debt buyer (United States) - Wikipedia

    en.wikipedia.org/wiki/Debt_buyer_(United_States)

    : 1 IN December 2007, the six largest credit card issuers were Citigroup Inc., Bank of America, JPMorgan Chase & Co., Capital One Financial Corp., Discover Financial Services Inc, and American Express, with a total credit card debt of $692,879,725,000. In 2008, collectively, "nine of the largest debt buyers" purchased 76.1% of the total debt.

  6. Asset-backed security - Wikipedia

    en.wikipedia.org/wiki/Asset-backed_security

    v. t. e. An asset-backed security ( ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool of underlying assets . The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments ...

  7. Visa Inc. - Wikipedia

    en.wikipedia.org/wiki/Visa_Inc.

    Visa Inc. ( / ˈviːzə, ˈviːsə /) is an American multinational payment card services corporation headquartered in San Francisco, California. [1] [4] It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. [5] Visa is one of the world's most valuable ...

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