AmEx: More consumers take on credit card debt in third quarter

American Express recently announced that its profits in the…

Startup company offers automatic rebates for card purchases

Offermatic, a California startup, is a free service for which…

Discover sued by Minnesota over consumer deception

In a lawsuit filed on December 6, Minnesota attorney general…

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…