Credit Card Debt News

Beware of tempting credit card offers this holiday season. Many retailers are touting credit cards with an introductory zero percent interest rate, but that might not turn out to be such a great deal.

There are four -- and only four -- reasons why each and every one of you gets up early every morning, works hard at your job all day, and keeps that up at least five days a week for your entire adult life: 1. To take care of your family and give your kids a chance at a better life than you had.

They had racked up so many bills that they couldn't step out of the house without acquiring more debt.

When it comes to saving, millennials have a tough road ahead. If you're a recent grad, you're facing wages an average of 5.4% lower than those in 2000, and full-time work is scarce.

Dear Liz: I will be inheriting around $300,000 over the next year. My instincts are to pay down debt with this money.

Debt still piles up during the holidays, but some folks are learning how to use, and how not to use, credit, said Terri Stocki, certified education director for Consumer Credit Counseling Service of Northeastern Pennsylvania.

Americans boosted their borrowing in October, led by another big increase in auto and student loans and the biggest rise in credit card debt in five months.

Most people in real estate don't expect interest rates to stay down much longer.

Attn: All Listings Editors All programming subject to change Covering today's hottest financial topics, "The Suze Orman Show" helps people make the connection between self worth and net worth.

Try as they might, the married couple just can't make any progress against a credit-line debt of about $93,000.

Graduating from college and entering the real world can easily put you in a state of anxiety.

Had a problem with a mortgage, bank account or service, credit card, debt collection, credit report, money transfer, payday loan, vehicle, consumer, or student loan? The Federal Government Consumer Financial Protection Bureau may be able to help you.

African Americans have been pummeled by the recent financial crisis, including facing the most adverse consequences of credit card debt, and higher interest rates, according to a recently released study by the NAACP and Demos, a U.S.-based research and policy center.

Revolving credit, which largely reflects money owed on credit cards, advanced by a seasonally adjusted $4.33 billion in October, the Federal Reserve said Friday.

Mary Hunt- Everyday Cheapskate. E-mail Mary at mary@everydaycheapskate.com, or write to Everyday Cheapskate, P.O. Box 2135, Paramount, CA 90723.

There was one time I got into credit card trouble, and it scared me quite a bit.

Conventional wisdom is often a good thing, or at least harmless. For instance, even if chicken soup doesn't help your cold and research shows it probably does help it won't hurt you.

Holiday sales are nice, but the savings they provide don't automatically make the season affordable.

New Yorker Jessica Jaye*, 43, believed the only thing between having an apartment and living on the streets was her ability to manage her five-figure credit card debt by using one card to pay down another.

In a decision from the 6th Circuit Court of Appeals, that court affirmed the Bankrupcty Court's original decision when a former husband appealed a decision that ordered him to cough up nearly $5,000 arising out of a fraudulent transfer during the divorce.