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

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American Express recently announced that its profits in the…

Startup company offers automatic rebates for card purchases

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

Discover sued by Minnesota over consumer deception

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

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…