MasterCard, the world's second-largest payments network, reported a slightly better-than-expected profit as customers spent more using its cards. » Read More
Your first option should always be credit counseling, says John Ulzheimer.
Help is on the way from our government, but there are still steps you can take to make sure that you maintain control of your credit.
Stocks closed higher despite some selling in the final half hour of trading, giving the market its sixth straight weekly gain and its longest weekly winning streak since 2007.
Stocks got a quick pop Friday from a rebound in consumer sentiment to its highest level since September. But the bounce quickly slowed t o a dribble as earnings worries nagged at the market.
Today the disastrously managed credit card business threatens to be a major impediment in the economic recovery because the only way the banks can extricate themselves from the mess they have created is literally to shut down the industry.
Stock futures pared losses but continued to indicate a flat open Friday despite slightly better-than-expected first-quarter earnings results from Dow components Citigroup and General Electric.
NOT SEEN ON T.V.: How you can keep your credit card issuers happy, with John Ulzheimer of Credit.com.
Also, find out what information your credit report contains and what is left off.
After years of encouraging their customers to borrow beyond their means by extending credit beyond any reasonable ability to pay back, the banks are adding insult to injury by jacking up the interest rates seemingly ad nauseam.
The provisions of the CARD Act are heavily redundant with those in the Credit Card Bill of Rights, but they include two new and important provisions.
For this viewer, the statute of limitations offers some important protection.
Lenders are boosting their attempts to avoid home foreclosures, but fewer than half of loan modifications made at the end of last year actually reduced borrowers' payments by more than 10 percent, data released Friday show.
NOT SEEN ON T.V.: John Ulzheimer helps you read the signs to tell if your debt is out of control.
A consumer revolt forces the hand of one of the nation's largest banks to refund some cardholders money. But has their credit already been damaged?
European Union regulators said Wednesday they would drop a threat to fine MasterCard after the company promised to temporarily cut fees it charges for cross-border card purchases which can hike costs for shops.
How do you work yourself out of debt? Credit expert John Ulzheimer advises.
NOT SEEN ON T.V.: Credit expert John Ulzheimer has these tips for getting your score back to where it should be.
FICO did a study measuring the breadth of credit card limit reductions as well as the subsequent impact to consumer’s credit scores. Here are the results.
When a spouse dies, does his credit history become the remaining spouse's if the credit cards were both in their names?
Plus, Cramer discusses credit-card and drug stocks, as well as the housing bottom.