CNBC's Fast Money: Trading America's Debt Binge – CNBC
Posted on October 11, 2010 by
Is the US really taking a break from credit card debt ? While consumer credit continues to fall, the headlines may be deceiving.
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Credit card debt cuts may be write-offs
Posted on September 26, 2010 by
The substantial drop in credit card debt in the United Statessince early 2009 has been widely attributed to newly frugalconsumers. But analysts say that a significant portion of thedecline is actually the result of financial institutions’ writingoff billions of dollars in credit card debt as losses.
Continue ReadingPlastic debt growth moderate
Posted on April 18, 2010 by
Australians are cautious about adding to credit card debt despite consumer confidence remaining buoyant.
Continue ReadingGet ready to get spanked for staying out of credit card debt
Posted on October 20, 2009 by
Get ready to get spanked for staying out of credit card debt
Continue ReadingHow one family eliminated $106,000 of debt
Posted on September 20, 2009 by
Five years ago, the Hildebrandt family of New Richmond, Wis., was juggling more than $100,000 in credit card and personal debt. Now they’re living debt-free.
Continue ReadingA consumer-friendly credit card? Blueprint helps users manage debt
Posted on September 14, 2009 by
After years of encouraging consumers to load up on debt, the card industry is trying a novel tactic: helping borrowers manage their debt. Tuesday, JPMorgan Chase plans to unveil new credit card features that even critics are applauding as a shift in how consumers can track and manage purchases, as well as pay off debt.
Continue ReadingCredit card debt rises faster for those 65 and older
Posted on July 31, 2009 by
Cash-strapped older Americans are racking up credit card debt faster than other consumers amid dwindling retirement portfolios and rising medical costs, a study shows.
Continue ReadingWhen settling credit card debt, watch out for scams
Posted on July 21, 2009 by
Debt-settlement companies typically try to negotiate with credit card companies to reduce the amount you owe. Rising unemployment has led to a sharp increase in the number of consumers who are behind on their payments, creating a receptive audience for their services. But like a weight-loss product that causes you to gain 10 pounds, some of these programs could leave you even deeper in debt.
Continue ReadingLatest News in Debt Consolidation – July 09, 2009 | No Debt …
Posted on July 9, 2009 by
Totaldebtrelief.net Successfully Rolls Out Nationwide Credit Card Debt … -… 8 Jul 2009 at 11:14am Total Debt Relief provides a matching service.
Continue ReadingUnderstanding Credit Card Debt & Credit Card Late Fees | Mint.com …
Posted on June 25, 2009 by
One misstep and you’ll tumble into the abyss of credit card debt hell, a mounting spiral of missed payments, fees, high APRs, and rate increases that will take years to recover from. Only by remaining vigilant can you hope to avoid this …
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