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June 18, 2008 Archives
There's word from two different sources that many older Americans may be struggling under the weight of credit and debit card obligations. The Durham, N.C.,-based Center for Responsible Lending released a study today detailing how debit card use is the...
In the first three months of this year, both credit card debt and credit card delinquency fell, according to the latest quarterly credit card analysis from TransUnion. The major credit bureau is in an ideal place to spot credit card trends becuase it maintains a massive database of consumer debt records.
If Barack Obama's elected president, he says he'll reform the way credit card issuers increase interest rates. And if that happens, he may end up helping out Sen. John McCain. According to newly released financial disclosure forms, McCain's been paying an eye-popping 25.99 percent on his personal credit card.
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