WASHINGTON - Americans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products.
PURCHASE, N.Y. - MasterCard said Thursday its fourth-quarter profit jumped 23 percent as the company raised its fees to offset fading credit card use in the U.S.
DES MOINES, Iowa - Visa Inc. on Wednesday said its profit rose 33 percent in the fiscal first-quarter on increased revenue, even as consumers pull back sharply on spending amid the recession.