American Express Reports First-Quarter Revenue of $10.3 Billion and Earnings Per Share of $0.41

NEW YORK–(BUSINESS WIRE[1])–American Express Company (NYSE: AXP) today reported first-quarter net income of $367 million, or $0.41 per share, compared with net income of $1.6 billion, or $1.80 per share, a year ago. (Millions, except percentages and per share amounts) Quarters Ended March 31, Percentage Inc/(Dec) 2020 2019 Total Revenues Net of Interest Expense $ 10,310 $ 10,364 (1) Net...

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TransUnion: Debt Consolidation Usually Results in Improved Credit Scores and Better Overall Credit Performance

Chicago, Illinois-based TransUnion (NYSE: TRU), a company that provides credit reports and credit scores, released a study on October 30 in which it looked at what happens when consumers take out a personal loan to pay off their credit card debt.[1] The study revealed that most of the consumers who consolidate credit cards are able to pay off most of...

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Debt Consolidation Often Results in Higher Credit Scores and Better Credit Performance

CHICAGO, Oct. 30, 2019 (GLOBE NEWSWIRE) — Participation in the consumer lending market is at a record high, with more than 19.6 million consumers carrying an unsecured personal loan through the first half of 2019. Consumer adoption of personal loans for debt consolidation has driven much of this growth, as consumers with heavy credit card debt often receive offers to...

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