Credit Card Debt News

WASHINGTON , Dec. 4 -- The National Association for the Advancement of Colored People issued the following news release: African Americans face unique financial strain and suffer more negative consequences than other groups from their credit card debt, according to a new report from Demos and the NAACP .

A debt consolidation loan is a large loan used to pay off smaller debts. It can be an excellent tool to lower overall interest on outstanding loans and credit card debt, and provide a means to enjoy the ease of a single monthly payment.

Neil Macdonald is the senior Washington correspondent for CBC News, which he joined in 1988 following 12 years in newspapers.

The Jacksonville Retirement Reform Task Force will debate an array of alternatives when the 17-member panel meets Thursday.

U.S. consumers have racked up an average of $33.1 billion in credit card debt during the last three months of each calendar year since 2009.

MANY by-40 milestones have become debatable: Get married? Only if you really want to.

If you're like most Americans, your Christmas list gets longer every single year, and according to the Federal Reserve, the average consumer has over $15,000 in credit card debt.

Nevada's college graduates have among the lowest student loan debt in the country, according to a national report released Wednesday.

I met Paul at a community event and when he heard that I work for a nonprofit agency that assists people with financial struggles, he wanted help immediately.

By former Gov. George Pataki , former Sen. Blanche Lincoln and former Denver Mayor Wellington Webb Despite fervent warnings from law enforcement, Internet gambling - accessible anywhere and by anyone - appears to be moving forward full tilt.

Check for zero-interest balance-transfer offers from your credit card issuers in your mailbox or online, or call customer service to ask if an offer is available.

The holidays can be packed with extra spending - from trips to visit the fam to getting your best friend the jacket you know she'll love.

Consumer debt may have receded a bit immediately after the financial crisis of 2008, but today Americans have heightened the amount of outstanding consumer debt to more than $3 trillion, according to the Federal Reserve.

A Princeton Triangle Club accountant has been charged with embezzling more than $100,000 from the college theatrical troupe, New Jersey officials said Monday.

Black Friday and Cyber Monday mark the official start of the Christmas shopping season.

After several days of turkey sandwiches, turkey hash and turkey ala king, are you griping that Thanksgiving left you with 'too much leftover turkey?' First, there is no such thing as 'too much leftover turkey,' for one reason: There is no such THING as 'leftover turkey.'

The season, after all, is meant to celebrate one who gave gifts that cannot be purchased with money.

Project Self-Sufficiency will sponsor a free seminar about issues related to bankruptcy on Wednesday, Dec. 11, from 7-9 p.m. The seminar will provide an overview of the process for filing for bankruptcy, as well as the options available to those who may be overwhelmed with credit card debt, facing foreclosure or experiencing asset repossession.

So when elderly people comes to the executive director of the Benton-Franklin Legal Aid Society, grab their own chests and say their hearts no longer can take the harassing phone calls from collectors, Otte doesn't hesitate to take them on as clients.

It probably wouldn't come as a shock to most people to learn that Exxon Mobil and Apple were two of the most profitable companies in the U.S. last year.