03rd February 2009
After receiving over 60,000 comments, federal banking regulators passed new rules late last year to curb harmful credit card industry practices. These new rules go into effect in 2010 and could provide relief to many debt-burdened consumers. Here are thos...
25th September 2008
It's no secret that Americans are struggling financially. Massive layoffs, inflation, unaffordable healthcare, skyrocketing gas prices and hiked-up interest rates on credit card accounts are plunging millions of consumers to the brink of bankruptcy. Howev...
08th March 2007
There are lots of ways to save money, and any method you can add to your money-saving toolbox will help you better achieve your financial goals. Whether it’s putting more money towards retirement, a college fund, a down payment on a home or automobile o...
15th August 2006
Although the tide of bankruptcies receded after the new bankruptcy law went into effect on October 17, 2005, a swelling volume of new personal bankruptcy filings are starting to flow into the court systems. With consumer credit card debt now over $820 bil...
03rd August 2006
When shopping around and comparing potential credit card accounts, rewards should not be the only criteria you use to select a credit card. You need to read the credit card contract (cardholder agreement) before applying for a credit card to discover trap...
09th January 2006
Executives at Debt Shield, Inc., a Maryland-based debt settlement firm, said that the increased minimum monthly payments on credit card balances will most likely not double, as it is widely reported, but that the increase might push financially struggling...
