News & Updates
YellowBrix, Jun 21, 2010, By Richard Burnett Orlando Sentinel
Personal bankruptcies are again at record levels, so odds are you or someone you know is drowning in debt.
Personal bankruptcies are again at record levels, so odds are you or someone you know is drowning in debt.
New credit card rules take effect Monday with stronger protections for consumers, but borrowers beware: the new law could result in higher interest rates and increased fees on many cards.
CNNMoney.com - Under 21? Getting a credit card just got tougher
First Premier card carries heavy interest rate
Officials pledge crackdown on rogue debt collectors
The banks are starting to charge fees to reliable customers in response to a slew of new credit card industry regulations that will limit when banks can hike interest rates. Cardholders who get a new annual fee notice in the mail will be in a no-win situation.
The first part of Obama's crackdown on the credit card industry will give consumers more notice when contracts are changed and the option to reject interest rate increases.
By Ben Rooney, CNNMoney.com staff writer
Last Updated: August 20, 2009: 4:23 AM ET
By Ben Rooney, CNNMoney.com staff writer
Last Updated: August 20, 2009: 4:23 AM ET
U.S. credit-card defaults rose to a record in August and more losses may lie ahead as delinquencies climbed for the first time since March, according to Moody’s Investors Service.
•New York attorney general's office trying to close 13 debt collection companies


