Credit Card Debt News

Judging by the sheer volume of merger and acquisition activity taking place, it appears that gobbling up a competitor or aligning with a strategic partner has replaced the buyback phenomenon.

I became a fee-only financial planner because I fell victim to many of these scenarios that I mention below.

Prepaid debit cards are currently all the rage. These cards are sold at gas stations, grocery stores, drug stores and office supply stores, and several celebrities are creating branded cards with their names.

With smart changes, debtors can bring down the expenses associated with their debt to make their payments go further.

Credit card balances grew in May by 2.5 percent, according to the Federal Reserve , extending a 12 percent surge the month prior.

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The article titled "6 Common Causes of Credit Card Debt" talks to consumers on helping pinpoint some of the most common pitfalls of credit card debt.

In it, he addresses how policymakers should address consumer debt buildup In their new book House of Debt , economists Atif Mian and Amir Sufi connect the vast increase in consumer debt with the Great Recession and slow-motion recovery.

The growth of Americans' credit-card balances slowed sharply in May, a sign that many consumers remain cautious about the economy.

Overall credit rose by $19.6 billion in May, down from a gain of $26.1 billion in April, the Federal Reserve said Tuesday.

The boss of New Zealand's first peer-to-peer lending service, Harmoney, says the online platform will shake up the personal loan market and give retail investors a new option.

If you're in debt and sinking deeper, you're not alone. Especially if you are young, the high price of a college education combined with a weak job market has hit you hard.

Summer trips might be as American as apple pie, but that doesn't mean they have to lead to another American staple - credit card debt.

Being out of debt and retiring financially secure represent the American Dream for a majority of Americans, and most are optimistic that they can achieve it, according to the 2014 Credit.com American Dream Survey.

Brady Williams -- patriarch of the polygamous family featured on " My Five Wives" -- now knows the real problem with having 5 wives and 24 children ... he's $400K in debt ... so he's filed for bankruptcy.

Here is a startling statistic that you may not be aware of. Outstanding student loans have supposed credit card debt in this country.

As the real estate market begins to perk up, many people find themselves in a good position to start looking for a home.

One of the most pressing issues today facing America, particularly the generation born between 1980 and 1996, is the student loan bubble.

For many people, their 401 account holds most of their wealth-but that doesn't mean it should be considered a revenue source.

Higher credit card debt, a slow economy and easy access to a 0% interest credit car make transfer balance cards a good bet these days.