Gary and Kathleen Cocco decided it was time to pay off some credit card debt. They decided to first target their Macy’s store brand card, issued by Citibank, because it had an interest rate of 31.99%.
Macy's needs to tighten up.... Retail giant Macy’s may be losing customers after a viral TikTok video expressed concern over its credit card’s massive interest rate of 35%. A video found on the Latina ...
New York (CNN) — Macy’s is warning of a spike in customers who are failing to make credit card payments, adding to the evidence of mounting financial stress on consumers. The iconic department store ...
Macy's shareholders should prepare for more pain as the company faces store closures, falling profits, and a highly competitive retail environment. Rising credit card delinquencies pose a significant ...
CHICAGO (Reuters) - Department store operator Macy's Inc said that processing of payments with some credit and gift cards was taking longer than usual in its stores on Black Friday, the traditional ...
A warning on the health of US consumers by America's department store is likely sending quakes through the C-suites of similar retailers. And investors in retail stocks need to pay attention because ...
GREENSBORO, N.C. — The average interest rate on a credit card is just over 20%, store credit cards are usually higher with some at 30%. But get ready because one store credit card is increasing its ...
New York (CNN Business) — Macy’s is warning of a spike in customers who are failing to make credit card payments, adding to the evidence of mounting financial stress on consumers. New York (CNN ...