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Cuomo's Crowing Effectively Endorses Chase's Draconian Change in Terms

Wednesday Apr 1, 2009

 In his effort to claim credit for Chase's relatively minor concession, the New York AG actually provides Chase political cover to rewrite offers accepted and honored by hundreds of thousands of cardholders. First a bit of background. Last November, Chase credit card division notified some 400,000 cardholders that ...


Credit-card balances rise as holidays approach

Wednesday Nov 18, 2009

After months of paying off debt, some Americans pulled out their credit cards and started charging in October, according to data from two credit tracking firms. The data suggest consumption habits don 't ever really die, especially when the busiest shoppi


Last Hurrah for Rich Credit Card Rewards?

Thursday Nov 12, 2009

Attractive credit card rewards and offers will disappear soon, so now is your last chance to get in on a good deal, according to Brett Arends.


Drought in Higher Rates May Be Over

Tuesday Nov 10, 2009

Interest rates in the U.S. have little room to fall lower. Some foreign countries are beginning to increase rates, and when the U.S. follows suit this trend could mean higher interest payments and inflated prices for imports.


Junk mail relief as credit-card offers tumble

Monday Nov 9, 2009

Credit-card issuers are dramatically reducing solicitations to new customers ahead of sweeping legislation that will reset card rules for both consumers and lenders.


Credit Cards: Break Up, or Make Up?

Wednesday Nov 4, 2009

Given the turmoil in the credit card industry over the CARD Act, consumers should take this time to evaluate which credit cards are worth keeping.


Why Speeding Up the Implementation of the New Credit Card Law Is Bad for Consumers

Wednesday Oct 28, 2009

One the surface, moving the CARD Act deadline up from Feb. 2010 to this December sounds like a another victory for consumers over credit card companies. But, further investigation reveals that the move would only be a band-aid for bigger problems.


Debt Horror: The Problem with Having 25 Credit Cards

Thursday Oct 15, 2009

This is the latest installment of our series on debt horror stories. Read the first one here.


Turmoil Upends Credit-Card Disputes

Wednesday Oct 14, 2009

Two major arbitrators of credit-card disputes are pulling out of the business.


'Democratization of Credit' Is Over

Saturday Oct 10, 2009

The easy of extension of credit to much deeper socioeconomic levels is over. Now some families are struggling to pay off mounds of debt.


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