Personal Finance News - 'credit card debt' Tag

Are you aware of the variation concerning a Jeremiah and a Cassandra? A Jeremiah (after the Old Testament prophet) is a person who is glum in nature and who foresees a tragic outlook.

Over the last few months, the topic of student debt has been hotly debated as lenders report an increase in not just loan balances, but also delinquencies in this category of lending.

Reports published by the Federal Reserve earlier this month indicate that consumer credit card debt has fallen for the second month in a row.

Reports show that even the best credit card companies can falter in the eyes of regulators.

According to statistics provided by Experian and the Federal Reserve, the American public increased their credit card debt over the 2011 holiday season but without going too far.

An odd sequence of new offers on credit cards have suddenly started to arrive in the mailboxes of people who have had past problems with their credit history, such as delinquencies and defaults, says some news reports published recently.

In a recent survey it was found that although the rules on minimum payments on credit cards have not changed, the way people pay their debt off has.

If you have a very poor credit rating due to the fact that you have had financial difficulties in the past then you will have a few things to think about before you try looking to obtain credit in the …

According to the latest data from the Federal Reverse, the consumer debt jumped to its highest in the decade in November near the start of holiday season.

American Express is in the midst of suing Rapper Nelly real name Cornell Iral Haynes Jr., for upwards of $20,000 in unpaid credit card debts.

According to a recent report from Moody’s Investors Services, experts are predicting a credit card boom in 2012 based on the November figures published by the six main credit card companies.

In the current financial climate, bank loans are difficult to secure and as a result, many business owners are starting to use similar tactics to those being used by consumers across the country by putting off non-priority expenses and reducing …

A new study published by the Journal of Marketing Research has made the suggestion that showing a minimum payment of credit card statements each month is actually encouraging consumers to take much longer to pay off their credit card debts.

Recent surveys show that it is every shopper’s worst nightmare when at the checkout counter. When the checkout assistant tells you that your card has been declined it is easy to fear the worst.

New consumer studies have indicated that American consumers will be spending the same amount of money on presents for friends and family this holiday season as they did last year, but they will be relying heavily on retail sales and …