Imagine a credit card agreement that's short, to the point and easy to understand. If one federal agency gets its way, what you're picturing could bec...

When President Obama signed the Credit CARD Act into law in 2009, the new legislation tasked the Federal Reserve with setting guidelines for "reasonable" penalties triggered by late payments.

Why would SEIU, which has risen to prominence during the last 25 years in part by organizing janitors, be interested in organizing bank workers?

NEW YORK -- Credit card issuers are still playing "gotcha" with customers. Landmark reforms this year were intended to stop billing practices that ...

Due to editorial consideration, the infographic and accompanying text have been removed from this post....

The credit card reform that took effect this year can save big money for cardholders who pay more than their minimum account balance -- as much as $2 ...

Visa, MasterCard and the big banks that took taxpayer bailouts have spent over $50 million in lobbying fees this Congress in a last-ditch effort to st...

By having too much money deducted from your paycheck, you've essentially been giving the government an interest-free loan for the past year.

NEW YORK - (BY CANDICE CHOI AND EILEEN AJ CONNELLY, AP) The new credit card law is finally here. Starting Monday, banks will need to abide by new ...

The credit card reforms enacted by Congress and signed by the president last year are set to take effect on Monday. Unsurprisingly, credit card issuer...

John Clinton Tuttle of Seattle, Wash. is waging guerrilla warfare against high interest rates and other depredations of the credit card industry. He's...

Today, Americans are more dependent on credit than savings, a radical departure from the last major economic crisis, in the 1930s. Congress's effort t...

WASHINGTON — Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the F...

Next February, the credit card reforms signed into law by President Obama earlier this year will finally take effect. Goodbye arbitrary rate hikes. He...

While Congress is calling on credit card companies to stop hiking interest rates before the new Credit CARD act goes into effect, Citigroup just sent me a letter with a monstrous interest rate hike.

Consumer reporters were all crowing about a 79.99% rate credit card that was launched in response to credit reform a few months ago -- collectively ho...

NEW YORK — Not only have credit card companies continued to use practices that will be outlawed under a strict law due to take effect in Februar...

NEW YORK (EILEEN AJ CONNELLY - AP) -- Bank of America is sending its credit card customers a one-page letter with a simple explanation of the interest...