Credit Card Debt News

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.

Shopping for Black Friday started early this year. The annual shopping frenzy is seemingly replacing the Thanksgiving emphasis on gratitude and family with thoughts of buying and bargains.

BRITAIN is becoming bouncy and, in places, bubbly. A pumped-up housing market and cheap mortgages have sent households on a shopping spree; many are raiding savings and taking on new credit-card debt.

WASHINGTON , Dec. 4 -- The National Association for the Advancement of Colored People issued the following news release: African Americans face unique financial strain and suffer more negative consequences than other groups from their credit card debt, according to a new report from Demos and the NAACP .

A debt consolidation loan is a large loan used to pay off smaller debts. It can be an excellent tool to lower overall interest on outstanding loans and credit card debt, and provide a means to enjoy the ease of a single monthly payment.

Neil Macdonald is the senior Washington correspondent for CBC News, which he joined in 1988 following 12 years in newspapers.

The Jacksonville Retirement Reform Task Force will debate an array of alternatives when the 17-member panel meets Thursday.

U.S. consumers have racked up an average of $33.1 billion in credit card debt during the last three months of each calendar year since 2009.

MANY by-40 milestones have become debatable: Get married? Only if you really want to.

If you're like most Americans, your Christmas list gets longer every single year, and according to the Federal Reserve, the average consumer has over $15,000 in credit card debt.

Nevada's college graduates have among the lowest student loan debt in the country, according to a national report released Wednesday.

I met Paul at a community event and when he heard that I work for a nonprofit agency that assists people with financial struggles, he wanted help immediately.

By former Gov. George Pataki , former Sen. Blanche Lincoln and former Denver Mayor Wellington Webb Despite fervent warnings from law enforcement, Internet gambling - accessible anywhere and by anyone - appears to be moving forward full tilt.

Check for zero-interest balance-transfer offers from your credit card issuers in your mailbox or online, or call customer service to ask if an offer is available.

The holidays can be packed with extra spending - from trips to visit the fam to getting your best friend the jacket you know she'll love.

Consumer debt may have receded a bit immediately after the financial crisis of 2008, but today Americans have heightened the amount of outstanding consumer debt to more than $3 trillion, according to the Federal Reserve.

A Princeton Triangle Club accountant has been charged with embezzling more than $100,000 from the college theatrical troupe, New Jersey officials said Monday.

Black Friday and Cyber Monday mark the official start of the Christmas shopping season.