Credit Card Debt News

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.

In this Monday, Jan. 13, 2014, photo, shoppers check out the sale at an ALDO store in the Mall at Robinson, in Robinson Township, Pa.

We all know that the housing market it in the process of recovering from what economists have called The Great Recession, but how does that affect houseboat financing? To find out, we asked Joey Gottfried, with the Intercoastal Financial Group, and he has plenty of great advice.

This past week, when the House GOP voted to repeal the Affordable Care Act for the 50th time, I was surprised to learn that the ACA is going to let me keep both my job AND my healthcare.

Some individuals pass the means test for Chapter 7 bankruptcy. Yet they also have income that might allow them to repay their creditors under more favorable terms.

One of the most common questions we get is about how to prioritize your savings.

Not so many years ago, college freshmen were greeted during orientation week with credit card offers that came with enticing gifts, such as free T-shirts and burritos.

The full, corrected release follows: A strengthening economy, a housing recovery and greater consumer confidence may explain an uptick in overall debt accrual.

Focusing on just one part of your credit report won't really help you improve your credit , because there are so many different things that determine your credit standing.