Rate of defaulted credit card debt no longer linked with unemployment

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

Consumers back up promise to shun credit card debt

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

Warren wants to clarify language regarding credit card debt

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

Debit cards becoming more popular than credit

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

Accounts with no limits on credit card debt can pose problems

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There are several types of accounts available from a number…

Consumers cut credit card debt to levels not seen in decades

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Consumers have cut their total credit card debt significantly…

Citi rolls out additional programs for holidays

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

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

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

New digital payment option provides credit card debt alternative

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

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

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