False Alarm: No Credit Card Forgiveness from Uncle Sam
For people drowning in credit card debt, the hope that Uncle Sam's cavalry is coming appears to have been dashed. The Treasury Department nixed any type of a debt settlement program after a roundtable meeting of banks and... Read More» |
Will Your Credit Card Limits be Cut Back?
Consumers should be on the lookout for notices from credit card companies. They may look like junk mail, but the information inside may be anything but-it could describe the new terms of your card. With consumer credit already... Read More» |
Credit Card Companies Analyzing You, Again
The credit crunch is causing some knee-jerk reactions by credit card companies. Shaken by the fallout from the subprime mortgage crisis, they're reevaluating consumer credit. Then, they're shrinking card limits and charging... Read More» |
Credit Card Bailout for Financially Irresponsible
The Financial Services Roundtable and the Consumer Federation of America have joined forces to promote a credit card debt settlement plan involving debt write-offs and extended repayments. Read More» |
Credit Card Companies Slashing Benefits
Credit card issuers aren't doling out revolving credit accounts the way they used to. In fact, they're reigning in availability, and leaving some of their customers without the credit they thought they had. Read More» |