American Express reported a 9 percent rise in quarterly profit as more customers used its credit cards in a recovering U.S. economy.» Read More
Many incomes are flat or down. The same goes for Investment portfolios. In many parts of the country, your house isn't worth what it used to be. People are losing their jobs, homes or both. Living with debt and credit has become a high-stakes, high anxiety balancing act. This special report will help you.
With more Americans taking on more debt, debt consolidation may seem like a good way out. If so, do it sooner, rather than later and beware of these common mistakes.
If you’re one of the many American’s with bad credit, a credit repair service probably sound pretty appealing. But can they really fix your credit? The short answer is no. Here's why.
Is it practical or even possible in modern day America to eliminate debt entirely? It just takes discipline, sacrifice and a more liberal definition of what constitutes personal debt. Here's what we mean.
Luckily, if your credit rating is less than worthy, there are steps you can take to redeem yourself. First and foremost, start making payments on time.
You probably think you know everything about your credit score. Here's why you're wrong.
More banks are tightening lending standards on home mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.
We all know credit is tight, but now we’re seeing it seize in some very uncomfortable places, namely, literally, your wallets. The July 2008 Senior Loan Officer Opinion Survey on Bank Lending Practice, out today, says "About 65 percent of domestic banks indicated that they had tightened their lending standards on credit card loans."
Moody's Investors Service placed on review for possible downgrade the ratings of American Express and American Express Travel Related Services and its rated operating subsidiaries.
U.S. consumer credit expanded at the fastest rate in seven months in June as Americans turned to their credit cards to keep up spending in the face of rising food and energy costs.
Today’s consumer credit report is expected to show that the economic slowdown caused consumers to borrow less readily in June, but David Malpass, president of Encima Global, disagreed.
Why refinancing your home is not the most effective way to get out of credit card debt.
Brandy is a single mother struggling to pay the bills and now she's about to lose her home. But Carmen's got a plan.
The right way to combine credit cards, raise your credit score and more from On the Money's credit contributor.
Robert Dodd, analyst at Morgan Keegan, gave his take on the world’s largest credit card companies, MasterCard and Visa.
MasterCard posted higher-than-expected quarterly earnings Thursday, but spending volume growth in the United States was weak and investors punished the credit and debit card network's shares.
Visa, one of the world's largest credit card companies, posted higher-than-expected quarterly earnings of 59 cents per share—excluding onetime items—on higher international revenue.
Use my money chart to allocate your monthly income and see where you're spending too much.
When you're debt-free is the best time to start building your credit. Because someday, you're going to need it.
How many cards should you keep open at once? Do you have to be rich to have a great credit score? The answers are here.