Credit Card Debt News

The bank wrote off a 150,000 of the home-loan debt in what is believed to be the biggest residential mortgage write-off to date.

My in-laws have lots of debt. In fact, they're always joking that the debt they'll leave us is more than the inheritance.

Consumer credit card debt is a critical problem in Australia, and more and more families are being crippled by credit card repayments.

Whether you are investing to build a retirement fund, or to put your excess cash to work, you should always be wary of the following investment mistakes.

"We're at it again. After improving our credit card spending and payment habits in six of the past seven quarters, U.S. consumers fell off the wagon during the fourth quarter of 2013 and finished the year with a $38.2 billion net increase in outstanding credit card debt," according to CreditHub's 2013 Credit Card Study .

Think about using your tax refund to pay down your credit card debt or pay it off completely if your debt is about $3,000.

'This is a time of extraordinary growth for Prosper as well as the entire peer-to-peer finance industry.

Increasingly, college in the United States has grown to represent more than a network of institutions for higher education - college now represents a business, and a profitable one at that.

Student loan debt has reached a point of crisis. Ten years ago, America's student loan debt totalled $200 billion.

Examining your finances takes fortitude. What are your goals and dreams? What can you afford? Here is another question I've heard in my financial advisory practice: Dear Karen: Here's the situation.

The personal finance industry has undergone such upheaval in recent years - under the pressure of recession, reactionary regulation, and recalcitrant recovery - that the current money management landscape is nearly unrecognizable relative to when many of us began our adult banking lives.

Consumers across the United States ended 2013 with combined credit card debt of $38.2 billion, up 8 percent over 2012, according to a report released Monday by the personal finance website CardHub.com.

Having a high credit card balance could affect your credit score; having a high tax debt with the IRS will not.

QUESTION: I have about $12,000 in credit card debt. I am about to lose my job, and I have no idea how I will continue to pay my creditors.

I am a fairly successful man. I don't make bank like Wall Streeters back in the day, but I haven't been hungry since college.

Consumers who are burdened with debt can simply visit the website http://www.BestDebtConsolidationLoans.org for the top three companies they can trust.

During that time, the cost of attending class at UNLV has more than doubled, from $2,370 a year in 2002 to $5,740 in 2012.

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

If a project is truly meant to happen, government should recall that it gets good terms on loans, and that any cash on hand is better directed elsewhere.

A recent highly publicized study found that 44 percent of American families are "liquid asset poor" with little in savings.