Even as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained period of rising interest rates....

WASHINGTON — Banks borrowed less from the Federal Reserve's emergency lending program over the past week, a fresh sign that credit problems are ...

Yesterday, S&P (MHP) reiterated the UK's AAA credit rating. That rating alone shows just how little the ratings agencies have changed since they abetted the CDO scams.

WASHINGTON — The delicate task ahead for the Federal Reserve and other central banks is deciding when to start boosting interest rates and reeli...

Falsely promoted business plans and "plug-in-the-number-templates," will not help you get financing. There are no shortcuts to circumvent the lengthily process of doing it the right way.

Fed up with the tight supply of credit, state and local governments across the U.S. are starting to punish big banks....

Banks qualifying to borrow at the "Fed Window" are receiving money at virtually zero interest rates -- and they're taking advantage of it. Money is literally going from the Fed to top banking executives' pockets.

Lending across the U.S. economy contracted 7.4 percent last year, the biggest such drop since 1942, according to the Federal Deposit Insurance Corp. T...

Among the merciful provisions of the landmark credit card reform signed into law last year is the requirement that purveyors of phony "free" credit re...

For two companies battered by a nationwide credit crunch and consumer-spending squeeze, Visa and MasterCard have emerged surprisingly well. Visa is e...

After three years of plunging real estate values, after the bailouts of the bankers and the revival of their million-dollar bonuses, after the Obama a...

Please President Obama...don't listen to the banking tennis buddies...channel Stanley Ann, that vibrant spirit watching over you! She is in you and you will do the right thing.

Credit is sort of like a healthy body. You've got to use it to have it and you've got to use it well and on an on-going basis to have it be stellar.

While American Express is spending bundles on marketing their brand, they are putting the squeeze on the small businesses they would like you to believe they want to help.

WASHINGTON — Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue th...

The recession has forced a financial reckoning for Americans across the income spectrum. The pressure is especially acute for the low-income Americans...

The pain of the financial crisis has economists striving to understand precisely why it happened and how to prevent a repeat. For that task, John Gean...

When I explain that most of my clients have good incomes, people become even more perplexed. Why, if they make so much money, are their FICO scores so low?