Its credit card delinquency rate of 4.53% compared with 4.57% in November and declined from 4.61% a year ago. However, the rate remained above the 3.93% level in December 2019. Its net charge-off ...

Capital One Financial's (NYSE:COF) turned in mixed credit card metrics in June, according to an 8-K filing on Tuesday.

Capital One Financial reported a rise in second-quarter adjusted profit on Tuesday, as the consumer lender was helped by a ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...

A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump’s campaign promises. Sens ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.

Credit card interest rates are too damn high, ... as of November 2024, according to Bankrate’s Credit Card Debt Survey. If you’re one of them, ...

Credit card issuers such as Capital One, who “lend deeper,” or lend to riskier consumers, but charge higher interest rates to make up for the risk, will be in trouble.

Despite its credit exposure to credit cards and auto loans, we believe that Capital One is in a very strong financial position. At the end of December 2024, Capital One had a common equity Tier 1 ...