Credit Card Default

Customers Using Credit Cards Ignore Product's Downsides

The Huffington Post | Harry Bradford | Posted 11.21.2011

That giddy feeling that comes along with making a purchase and not seeing any money exchange hands isn't in your head. When consumers pay with cre...

Banks asking for credit card debt forgiveness

AP | BY MARCY GORDON | Posted 05.25.2011

WASHINGTON — With defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are lo...