Credit Card Debt News

Here are ways to decide what to do with the cash. Kiplinger.com says refunds, which average around , should go "to bolster your personal balance sheet."

Australians spent a record $70.1 billion on credit cards between December and February - almost 8 per cent more than during the previous summer.

No one wants to begin their adult working life saddled with college loan debt - yet that is precisely the situation in which many graduates find themselves these days.

The company independently reviewed the various debt consolidation loan programs available to Arizonans who are struggling with debt.

Mallory Pline was fortunate. Thanks to her parents, who worked at Michigan State University, the cost of the 24-year-old Ferndale resident's undergraduate degree was half-off.

The New Year signals the universal practice of resolving to break bad habits. Many people focus on health when making resolutions.

Americans owe more than $1 trillion in student loan debt. The total credit card debt for all U.S. households is more than $850 billion, while mortgage payments add up to more than $8 trillion.

Liz Dierking and Jenny Andrews, financial experts in Chicago who have their own daily online show as part of the tastytrade Financial Network, offer advice.

Like flossing your teeth or regular exercise, paying more than the minimum payment on your debt is one of those habits we know is good for us, but is easy to let slide.

Sallie Mae is in danger of losing lucrative loan servicing contracts with the U.S. Department of Education and some of its high-level employees may face criminal penalties pending the outcome of a probe involving evidence that the student-loan behemoth has cheated active-duty soldiers who have taken out federal student loans.

Krungsri Consumer, the consumer-finance arm of Bank of Ayudhya and a major player in unsecured lending, has tightened its criteria for personal loans to both existing and new customers in an effort to prevent bad debts.

Analysts at BestDebtConsolidationLoans.org performed an independent review of the debt consolidation loan program companies available to Alabamans.

America needs better financial advice. From the dot-com bubble to the Great Recession and beyond, we haven't exactly made the best financial decisions in recent years.

Between television commercials, and advertisements on the Internet and in your mailbox, there is no shortage of information about credit cards.

At the height of his addiction, the student said all could think about was getting back into the bookies A former gambler told how he considered suicide after blowing A 20,000 on fixed odds betting terminals in high-street bookies.

The New Year signals the universal practice of resolving to break bad habits. Many people focus on health when making resolutions.

For millennials, the "American Dream" of having a good job, owning a home and saving for retirement is more like a nightmare.

Elizabeth Warren is on the right track, with her move to stop the government from turning a profit on college loans, believes Paul Giorgio.

Since 2004, the U.S. Senate has recognized April as National Financial Literacy Month in an attempt to encourage learning new financial skills, improve personal financial well-being and reduce the stigma attached to talking about personal financial health.

Debt reduction can be a very daunting task, especially for younger people who have amassed credit card bills and student loans.