Credit Cards

Arthur Delaney

Ann Minch Triumphs In Credit Card Fight (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 11.21.2009 | Business


Two weeks ago, Ann Minch of Red Bluff, Calif. announced in a YouTube video that she'd launched a one-woman "Debtors' Revolt" and would refuse to pay o...

Overdraft Fees: Democrats Eye Bank Charges

washingtonpost.com | Binyamin Appelbaum and Nancy Trejos | Posted 11.21.2009 | Business


A backlash is brewing on Capitol Hill against banks that charge large fees for overdrafts without asking or telling customers, the latest sign that th...

Credit Card Delinquencies Up, Worst Yet To Come

Posted 11.15.2009 | Business


Despite optimistic pronouncements from the nation's financial stewards, a recovery is not in the cards. At least not anytime soon, judging by the late...

Arthur Delaney

Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 11.14.2009 | Business


For years, Ann Minch of Red Bluff, Calif., has carried a balance of several thousand dollars on her Bank of America credit card, making minimum monthl...

Banks Earn $27 Billion On Debit Card Overdraft Fees

The New York Times | RON LIEBER and ANDREW MARTIN | Posted 11.09.2009 | Business


The Federal Reserve is considering requiring banks to get permission from consumers before enrolling them in overdraft programs, so that consumers lik...

Students Borrowing Dramatically More To Pay For College

The Wall Street Journal | ANNE MARIE CHAKER | Posted 10.18.2009 | Home


Students are borrowing dramatically more to pay for college, accelerating a trend that has wide-ranging implications for a generation of young people....

Credit Card Companies Plan To Shrink Limits For Millions Of Americans

Reuters | Juan Lagorio | Posted 09.28.2009 | Business


NEW YORK (Reuters) - Millions of Americans have already seen their credit card limits shrink, and millions more face the same fate as lenders prepare ...

College Credit Card Crunch

Roseanne Colletti | Posted 09.26.2009 | Living


Roseanne Colletti

No more free T-shirts, pizza and the like. Beginning in February, college students who apply for credit cards will need proof of income.

Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 09.24.2009 | Business


Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

Small Good News: PayPal Helps Cut College Costs, One Bank Fee At A Time

Karen Stabiner | Posted 09.24.2009 | Living


Karen Stabiner

It's that time of year again. All over the country, people are loading up the family car, paying airline overage for heavy suitcases, or shi...

Credit Card Reform Won't Pay Down Consumer Debt

Jill Schlesinger | Posted 09.20.2009 | Business


Jill Schlesinger

Credit card reform was needed, but it's not likely to help Americans kick their credit card habit just yet.

Chase Introduces New "Sapphire" Credit Card For Wealthiest Customers

AP | Posted 09.19.2009 | Business


WILMINGTON, Del. — Chase Card Services, a unit of JPMorgan Chase & Co., said Wednesday it will now offer a rewards card designed for wealthy cus...

Banks Raise Credit Card Interest Rates In First Half Of 2009

CNN | Ben Rooney | Posted 09.17.2009 | Politics


Even after the Federal Reserve reduced their borrowing costs, the nation's banks raised credit card rates and boosted profit from the consumer debt in...

"Soupnazi" Albert Gonzales: Jailed Miami Man Hacked Into 130 Million Credit Card Accounts: Prosecutors

AP | DEVLIN BARRETT | Posted 09.17.2009 | Business


WASHINGTON — Federal prosecutors on Monday charged a Miami man with the largest case of credit and debit card data theft ever in the United Stat...

Credit Card Companies Slashing Rewards Programs

Washington Post | Nancy Trejos | Posted 09.15.2009 | Business


Credit card rewards programs are suddenly less rewarding. Months before a new law takes effect restricting the credit card industry's ability to rais...

Financial Reforms: Is Europe Hypocritical?

Georges Ugeux | Posted 09.05.2009 | Business


Georges Ugeux

European bank losses were as high as the U.S. They used the same compensation system, and their fragmented and ineffective regulatory system shares responsibility for the crisis.

Information Asymmetries Part 1

Leslie Pratch, Ph.D. | Posted 08.25.2009 | Business


Leslie Pratch, Ph.D.

If parties are not mutually and equally well informed, those with more information are likely to wind up with all of the wealth and those with less information will wind up with none of the wealth.

Playing the Hand that Life Deals You

Don McNay | Posted 08.22.2009 | Living


Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

10 Percent Is Enough

Deepak Bhargava | Posted 08.22.2009 | Business


Deepak Bhargava

The "Do Nothing Coalition" has turned its back on the citizens it's supposed to represent.

Arthur Delaney

Plugging Along At 62 With Lots Of Debt, No Job And No Credit

HuffingtonPost.com | Arthur Delaney | Posted 09.21.2009 | Business


James O'Connell of California wrote the Huffington Post in response to an item about credit card companies tightening payment requirements for cardhol...

Why So Sad?

Max Fraad Wolff | Posted 08.08.2009 | Business


Max Fraad Wolff

Perhaps our economy is part of the reason millions are interesting in grieving.

Arthur Delaney

Credit Card Issuers Getting In Their Licks Ahead Of Reform

HuffingtonPost.com | Arthur Delaney | Posted 08.01.2009 | Business


As lawmakers worked out credit card reform legislation earlier this year, card issuers argued that tough restrictions would make credit costlier for c...

Protecting Students From Credit Card Debt

Beth Kobliner | Posted 07.31.2009 | Business


Beth Kobliner

Today, the culture of debt our children have inherited, and embraced, should be regarded as a national crisis and reacted to accordingly. To this generation, debt is far from a dirty word.

Banks Raise Debit Card Fees

New York Post | catherine curan | Posted 07.30.2009 | Business


Just weeks after President Obama signed into law new rules clamping down on runaway credit card fees, banks are accelerating their push for plastic pr...

Getting Rich and the Marshmallow

Don McNay | Posted 07.25.2009 | Business


Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.