Debt Credit Cards

  • Credit cards

    Borrowing by consumers fell by $15.7 billion in April as U.S. households continued to trim spending and put away their credit cards amid a severe recession.

  • When you search for driving directions online, a good site will give you several options like “no tolls,” “quickest route,” or “avoid highways.”  You have choices like this when it comes to paying off your credit card debt.  Now, I don’t know about you, but I don’t think it’s good advice to tell someone to take the time to enjoy the tree-lined roads on their way to becoming debt-free, please don’t worry that it takes so much longer.  For me—and from what I can see also many, many of you—getting out of credit card debt was all about getting out hard and fast.  I wanted the route that not only avoided tolls (or fees, in credit-card land) but also that got me to my destination as quickly as possible—a $0.00 balance. 

  • The government is doing its part in helping to manage unfair credit card charges and now we need to help them.

  • Eric Dinallo

    New York state Insurance Superintendent Eric Dinallo will resign effective July 3 and become a visiting finance professor at New York University's Stern School of Business, Governor David Paterson said Thursday.

  • John Ulzheimer takes a look at what the credit card environment may look like in a year.

  • NOT SEEN ON T.V.: The new credit card law could hurt your credit unless you follow these steps.

  • John Ulzheimer says an interest rate cap included in the new law would have actually hurt consumers.

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    John Ulzheimer offers sage advice to a couple looking to close the dozens of credit cards they've accumulated over the years.

  • NOT SEEN ON T.V.: The three worst things about going into collections.

  • If you think the agreement you sign when you open a credit card is a contract, you are sorely mistaken.

  • Peter Andersen of Congress Asset Management Company and Steve Grasso at Stuart Frankel, told CNBC how investors can prepare their portfolios for the weekend.

  • Credit Card swipe

    The credit-card overhaul that President Obama will sign into law Friday is expected to trigger a broad restructuring of how credit cards are priced, managed and marketed.

  • John Ulzheimer outlines some of the major provisions in the fine print of the new credit card legislation winding its way through Washington.

  • NOT SEEN ON T.V.: John Ulzheimer explains why the new rules can hurt those with good credit.

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    John Ulzheimer answers one of the many who are seeing their terms changed abruptly.

  • The credit card reform bill, which passed through Congress Wednesday and is expected to be signed into law by President Barack Obama Friday, will serve as a "warning light" to credit card companies that they can no longer take advantage of consumers, Rep. Paul Kanjorski, D—Pa., said.

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    The head of the Securities and Exchange Commission is objecting to a plan being considered by the Obama administration to create a new financial watchdog to protect consumers.

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    The bill is expected to be  signed into law by the President in the next few days.

  • A panel of President Barack Obama's economic advisors stepped into the public view on Wednesday at a meeting to discuss energy issues and job creation.

  • If you think the agreement you sign when you open a credit card is a contract, you are sorely mistaken.