To expect the government to cover all potential sink holes and then pull us out when we get in one, is silly.
Rachel Natelson | Posted 06.26.2009 | Politics
While "tangible inducements" to minors may now be a forbidden tactic in credit card marketing, military recruiters continue to ply students with key chains, hats, and t-shirts in pursuit of their goals.
Baltimore Sun | Liz F. Kay | Posted 06.24.2009 | Business
Ready access to credit, coupled with teaser interest rates, generous reward programs, grace periods and the absence of annual fees enticed many Americ...
AP | PHILIP ELLIOTT | Posted 06.22.2009 | Politics
WASHINGTON — President Barack Obama warned overeager shoppers and greedy credit card companies alike on Friday to act responsibly as he signed i...
HuffingtonPost.com | Arthur Delaney | Posted 06.21.2009 | Business
Consumer advocates have praised Congress for its swift passage of the credit card reform bill currently awaiting the president's signature. The bill w...
Don McNay | Posted 06.19.2009 | Business
Unless someone is capable of changing the American psyche, people are going to go back to their old spending habits.
Jim Jaffe | Posted 06.19.2009 | Business
There's a word that describes people who spend money -- whether they use cash or cards. That word is customer.
Carine Fabius | Posted 06.19.2009 | Business
Let's start using debit cards and cash as much as we can to help f*#@! the credit card companies.
New York Times | Ron Lieber | Posted 06.19.2009 | Business
At first glance, the sweeping credit card legislation that passed the Senate on Tuesday looks like a huge victory for consumers. The bill (and similar...
Sen. Chris Dodd | Posted 06.19.2009 | Politics
Over and over we've heard that consumers should act responsibly when it comes to credit cards. I agree -- but it's time we held credit card companies to the same standard.
New York Times | ANDREW MARTIN | Posted 06.18.2009 | Business
Credit cards have long been a very good deal for people who pay their bills on time and in full. Even as card companies imposed punitive fees and pena...
Arianna Huffington | Posted 06.18.2009 | Politics
In The Divine Comedy Dante assigned usurers to the seventh circle of hell. The Senate obviously needs a refresher course -- since it overwhelming voted down Bernie Sanders' measure that would cap credit card interest rates at 15 percent.
Reuters | Posted 06.18.2009 | Business
U.S. credit card defaults rose in April to record highs, with Citigroup and Wells Fargo posting double digit loss rates, as the recession slashed more...
Roseanne Colletti | Posted 06.17.2009 | Business
Some very daring and technically astute thieves rigged some ATM machines at two bank locations and swiped half-a-million dollars from account holders.
Harry Moroz | Posted 06.14.2009 | Business
The Credit Card Accountability, Responsibility, and Disclosure Act, though an important milestone in consumer protections, exhibits the signs of the credit card industry's powerful influence.
AP | DARLENE SUPERVILLE | Posted 06.14.2009 | Politics
RIO RANCHO, N.M. — President Barack Obama urged Congress on Thursday to quickly send him legislation ending abusive credit card practices. But h...
Simon Rosenberg | Posted 06.14.2009 | Politics
Do we really want, as a matter of national policy, Americans to spend, to take on more debt?
HuffingtonPost.com | Ryan Grim | Posted 06.12.2009 | Politics
Sen. Chris Dodd (D-Conn.) released the text of his credit card reform package on Monday and we posted it online, asking for your thoughts. More than 9...
HuffingtonPost.com | Ryan Grim | Posted 06.11.2009 | Politics
The Senate takes up the Credit Cardholders' Bill of Rights on Tuesday, a package sponsored by Sen. Chris Dodd (D-Conn.) that seeks to rein in certain ...
AP/HUFFPOST | Posted 06.09.2009 | Politics
AP: WASHINGTON — Putting himself on the side of fuming consumers, President Barack Obama is pushing Congress to send him legislation by Memorial...
Danny Schechter | Posted 06.07.2009 | Business
As card companies began to experience the losses, they began operating in a more predatory manner, jacking up fees and putting the collection pressure on.
Nancy Lublin | Posted 06.07.2009 | Business
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Jose A. Garcia | Posted 06.06.2009 | Politics
It is projected that, between 2020 and 2030, developing country emissions of carbon from energy use will exceed those of developed countries.
Sen. Bernie Sanders | Posted 06.05.2009 | Business
I hope you will read these stories from Vermont and the nation. They offer a window into the outrageous behavior of credit card companies, and why we need fundamental reform of the industry.
HuffingtonPost.com | Ryan Grim | Posted 06.05.2009 | Politics
For Chuck Schumer, credit card legislation now in the Senate passes the O'Halloran's Pub test. The effort to reform the bankruptcy code to stave off f...
Jim Randel | Posted 06.26.2009 | Business