NEW YORK, Sept 2- Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also have the lowest average credit score of any generation, according to a new study. "Millennials are misunderstanding, or are simply unaware of, the benefits of credit cards," says Sean McQuay, NerdWallet's resident credit card...» Read More
Can credit card companies keep your limit secret? John Ulzheimer responds to an issue that sparked a class-action lawsuit.
They’re racking up victim after victim with the lure of pre-approved credit cards. Can you spot the fakes from the genuine plastic?
The Bank of Japan said Thursday it will provide 1.22 trillion yen ($13 billion) in emergency loans to financial institutions as part of a new program to spur lending to the country's businesses.
It's easier than you think to say goodbye to certain banking and checking fees.
Carmen guides you through the first few questions about credit, credit counseling and credit cards.
Two fundamental problems must be dealt with if the U.S. economy is to get back on track in 2009, according to Scott Sperling, president of THL Partners.
Credit expert John Ulzheimer says all you have to do is ask.
We have a bad tendency to think that how much we make determines to a large part our financial fitness. But after meeting Racquel last night, we know that's not the case.
After losing a job and being mired in debt, Racquel is making a resolution to get on the road to recovery. It starts here.
Taming credit-card debt should be everyone's priority for 2009.
The world of credit is in for a major shake-up in the new year. Here's what John Ulzheimer predicts.
We finally have legal protection against card companies raising interest rates on our exisiting balances. Here's what else we can expect.
Now that he’s won the White House, the biggest question on the minds of many Americans is how the sweeping tax law changes he’s proposed will affect them in the years to come.
Several times a day, without even realizing it, we hand over some of our most sensitive information to strangers: our credit card numbers.
Consumers will be shielded from increases in interest rates on existing account balances on their credit cards under new rules being adopted by federal regulators.
The Fed and Treasury have already had to institute a program to help institutions buy securities backed by credit card debt so that these companies can keep extending people credit. If we pass laws saying they can't charge high rates, they'll do even less lending.
Debt relief companies don't do anything you can't do yourself - and they ruin your credit doing it.
It is surprising to me that there is not more consumer advocacy on the subject of credit card interest rates. They are utterly abusive to consumers while reaping extraordinary profit margins for the lenders.
You could be paying for services you aren't even using if you don't read the fine print.
The number of American homeowners dragged into the housing crisis fell last month to the lowest level since June as new state laws lengthened the foreclosure process, RealtyTrac reported Thursday.