Rate of defaulted credit card debt no longer linked with unemployment

For the last 20 years, the rates of delinquent and defaulted…

Consumers back up promise to shun credit card debt

Prior to the holiday shopping season, most consumers said they…

Warren wants to clarify language regarding credit card debt

The adviser appointed to help set up a federal consumer protection…

Debit cards becoming more popular than credit

U.S. Federal Reserve governor Elizabeth Duke gave a speech at…

Accounts with no limits on credit card debt can pose problems

There are several types of accounts available from a number…

Consumers cut credit card debt to levels not seen in decades

Consumers have cut their total credit card debt significantly…

Citi rolls out additional programs for holidays

Citi recently rolled out a slew of holiday programs, including…

Salvation Army now allows consumers to take on credit card debt to donate

One of the most familiar sights during the holidays is that…

New digital payment option provides credit card debt alternative

Dwolla, a startup company in Iowa, has been testing a smartphone…

More consumers turning to alternative payment methods to avoid credit card debt

In an effort to avoid taking on any more credit card debt, many…