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Credit card issuers aren't done raising rates, despite Fed pause

Risk factors like rising delinquencies have signaled to banks to keep lending standards tight and rates elevated. ....

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Why are so many Florida consumers signing up for more credit cards

South Floridians are among the nation’s most prolific consumers in signing up for new credit cards, a trend that may not bode well for household financial stability in a period of high inflation. In a national survey, LendingTree, the online loan marketplace, found the Greater Miami area “has the 8th-most residents who opened a new credit card in the first half of 2023,” according to a . ....

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