CNBC's Fast Money: Trading America's Debt Binge – CNBC

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

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.

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Plastic debt growth moderate

Australians are cautious about adding to credit card debt despite consumer confidence remaining buoyant.

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Get ready to get spanked for staying out of credit card debt

Get ready to get spanked for staying out of credit card debt

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How one family eliminated $106,000 of debt

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.

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A consumer-friendly credit card? Blueprint helps users manage debt

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.

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Credit card debt rises faster for those 65 and older

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.

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When settling credit card debt, watch out for scams

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.

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Latest News in Debt Consolidation – July 09, 2009 | No Debt …

Totaldebtrelief.net Successfully Rolls Out Nationwide Credit Card Debt … -… 8 Jul 2009 at 11:14am Total Debt Relief provides a matching service.

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Understanding Credit Card Debt & Credit Card Late Fees | Mint.com …

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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