Credit Card Debt

Credit Liquidity and H2O Liquidity Are Both Drying Up

Max Keiser | Posted 06.16.2008 | Business

Read More: Bank of England, Credit Crisis, Neo-Feudalism, Ecology, Capitalism, State Farm, Credit Card Debt, Credit Crunch, Business News
Max Keiser

The disappearance of water and credit has a common cause: a broken neo-classic capitalist system that forgot to factor in the replacement cost of natural resources and the costs of pollution.

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Seth Colter Walls

Ready To Laugh At McCain Family Debt? Not So Fast ...

HuffingtonPost.com | Seth Colter Walls | Posted 06.13.2008 | Politics

Read More: John McCain, Credit Card Debt, Megan McCain, Cindy McCain, Politics News

With news of the McCain family's six-figure credit card debt cropping up today, its not too hard to imagine a little light-hearted chuckling among mid...

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How To Avoid Getting Squeezed By Credit Card Companies

CNN Money | Jessica Dickler | Posted 05.27.2008 | Business

Read More: Credit Cards, Credit Card Debt, Credit Card Squeeze, Credit Crisis, Business News

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Don't Take That Rebate Check to Wal-Mart

Al Norman | Posted 03.02.2008 | Politics

Read More: Chinese Trade Deficit, IRS Rebate, Wal-Mart, Personal Savings, Credit Card Debt, Politics News
Al Norman

The world's largest retailer is expecting to see you walk through its doors with an IRS rebate check in your hands. But there is a more patriotic thing you can do.

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Credit Cardholders' Overdue Bill of Rights

John Tepper Marlin | Posted 02.28.2008 | Business

Read More: Overdue Bill of Rights, Adam Levitin, Credit Cardholders, Credit Slips, Carolyn Maloney, Credit Cardholders Bill of Rights, Credit Card Debt, Credit Cards, Credit Crunch, Business News
John Tepper Marlin

Credit Slips says that Rep. Carolyn Maloney's bill -- credit cardholders bill of rights -- is the most important credit card legislation in 40 years.

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Credit Cardholders Bill of Rights

John Tepper Marlin | Posted 02.26.2008 | Business

Read More: Credit Cardholder, Bill of Rights, Carolyn Maloney, Credit Card Reform, Debt, Credit Cardholders Bill of Rights, Credit Cards, Credit Card Debt, Personal Debt, Business News
John Tepper Marlin

Rep. Carolyn Maloney describes her bill as "comprehensive credit card reform legislation" that ends "abuses that unfairly hurt consumers."

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How To Stay In The Red For Valentine's Day

MainStreet | Juliana Bunim | Posted 02.11.2008 | Business

Read More: American Institute of Certified Public Accountants, National Retail Federation, Balenciaga, Valentine's Day, Credit Card Debt, Business News

Valentine's Day is upon us, a time when we are encouraged to open up our hearts, and our wallets. While your honey may be coveting Balenciaga's (PPR...

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Broke Britain: Millions Face Struggle To Stay Afloat

The Independent | Martin Hickman | Posted 01.01.2008 | Business

Read More: Debt, Britain, Credit Card Debt, Millions in Debt, Britons and Broke, Business News

Debt experts are predicting a record number of personal insolvencies this year as excessive Christmas shopping, rising mortgage payments and soaring f...

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Growing Credit Card Debt In US Prompting Warnings Of Worse To Come

AP | RACHEL KONRAD and BOB PORTERFIELD | Posted 12.23.2007 | Business

Read More: Credit Card Debt and Americans, Credit Cards, Credit Card Debt, Americans in Debt, America, Americans and Credit Cards, Business News

Americans are falling behind on their credit card payments at an alarming rate, sending delinquencies and defaults surging by double-digit percentages...

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Citigroup Bails Out Seven "SIV"s

AP | Posted 12.14.2007 | Business

Read More: Structured Investment Vehicles, Citigroup, Siv, Credit Card Debt, Sivs, Business News

Citigroup Inc. plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts. Citigroup will ...

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Mommy, It's Not Real Money, It's VISA

Tom Gregory | Posted 12.12.2007 | Business

Read More: Debt, Saving, National Debt, Economics, Subprime Mortgage Crisis, Spending, Government Spending, Monopoly, Debt to China, Bush Debt, Credit Card Debt, Business News
Tom Gregory

Eventually America is going to have sell out or do something drastic to service Bush's huge faith-based debt.

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The Credit Crisis Is Becoming A Political Battleground

Danny Schechter | Posted 12.03.2007 | Business

Read More: Predatory Lending, Hank Paulson, Robert Manning, March on Wall St, Jesse Jackson, Credit Crisis, Credit Cards, Credit Card Debt, Credit Crunch, Credit Market Weakness, Motley Fool, Seth Jayson, Business News
Danny Schechter

In order for the economy to function, for consumption to continue and profits to keep flowing, people have to believe that everything's all right. They want remedies modeled after Alka Seltzer. Put one tablet in water. It fizzes. You drink and feel better in minutes.

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The Myth That Consumers are Drowning in Debt

Stephen Rose | Posted 10.15.2007 | Business

Read More: Mortgages, College Loans and Debt, Debt, Credit Card Debt, Mortgage Debt, Business News
Stephen Rose

It would appear that the drowning-in-debt story reflects the conditions of the bottom 20 percent of the population and not the population as a whole.

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The Hype About Credit Card Debt

Stephen Rose | Posted 09.12.2007 | Business

Read More: Debt, Credit Card Debt, Business News
Stephen Rose

CreditCards.com recently released a report saying that the average American household held $9,300 in credit card debt in 2004. That would cause great pain for most families if it were anywhere near the real number.

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