FARGO, N.D.— Prosecutors described a Toronto man's massive credit card fraud scheme as high-tech bank robbery— stealing the identities of 38,000 people in order to bilk dozens of banks. Nearly 2½ years later, following the government's petition to the 8th U.S. Circuit Court of Appeals, a federal judge ordered Adekunle Adetiloye to pay about $1.5 million in...» Read More
As the credit crunch weighs on the financial services sector, credit card issuers are tightening lending terms with consumers, from lowering borrowing limits to closing dormant accounts, to lower their risk profile.
Ending a tumultuous week, in Friday's Web Extra, Carmen breaks down how the bailout vote impacts you and how you should think about preserving your savings.
This once-great company now operates in some of the worst parts of the economy.
As the credit crisis spreads around the globe, it is reverberating back to Main Street in ways never seen before. As such, stories similar to the Hendrick's Turf farm are being played out across America.
Is Bank of America closing credit cards to people with bad credit scores? The answer to this and other rumors here.
The credit freeze, which is shifting into overdrive heading into the holiday season, is expected to hit consumers harder than corporate America.
We're about to learn the hard way what I've been saying for years: credit isn't a right, it's a privilege.
As Wall Street struggles to find a way forward, many on Main Street are asking how we got here in the first place.
While most of the nation’s attention is focused on saving behemoth financial firms, small businesses are struggling to ride out a perfect storm of tougher credit conditions in a badly hobbled economy.
If nothing else, this financial crisis affords us all a great opening to re-evaluate our wealth-building strategies, our contributor says.
As the credit crunch deepens, it's putting more private student loan companies out of business and leaving fewer students able to qualify.
Find out if there’s an advantage to Vantage.
Watch out, Warren! Your name is getting kicked around in Washington as the common-sense financial wizard the nation needs in these troubled times.
How safe are your savings and investments and what happens if any of your financial institutions goes belly up? Here’s a who’s–who, what’s-what guide on who stands behind your money.
Brandi is juggling kids, debt and a commitment to go back to school. Our credit expert helps get her on the right track.
Some 21 percent of those with salaries of $100,000 or more say they are living paycheck to paycheck, according to a recent survey conducted by CareerBuilder.com. So, if you're counting the days to your next payday, here are some tips to break out of the paycheck-to-paycheck syndrome.
Need clarification on a term we used on the show? Check here first.
Plus, what to do when it comes time to pay off old debts.
Also, how to proceed if your bank closes your credit card due to "inactivity."
Your plastic comes with perks you probably didn't even know exist.