Fed issues new rule proposals regarding gift card fees

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The U.S. Federal Reserve has announced a new set of proposed…

Debt settlement more effective than credit counseling, says TASC

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In an attempt to prevent the Federal Trade Commission from passing…

Consumer spending declines in September

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With conflicting signs of whether spending during the upcoming…

Many Americans not protecting information on their computer

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The last thing that anyone facing debt consolidation needs is…

Creditors not implementing new rules until they have to

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Politicians lobbying to speed up the implementation date of…

Consumers prefer doing bank business in-person

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During financially tough times, many consumers find themselves…

Bank of America to 'test' annual fee on 1% of credit customers

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Bank of America (BOA) may have promised not to raise its interest…

Consumers prefer cell phone call in the event of fraud

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In the event of a potentially fraudulent purchase, consumers…

Survey: Unemployment has negative effect on mental state

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Workers forced into unemployment or a reduced role at their…

Credit card companies get more consumer-friendly

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Consumers may get a helping hand with their credit card debt…