By now, you’ve probably heard about credit card issuers paying customers to close their accounts in the wake of one of the worst credit collapses in history. But the latest move by card issuers is quite the opposite; some are charging customers...

Consumer credit question: “Are credit cards bad?” Well, an article in the Baltimore Sun pointed out that consumers who use credit cards instead of cash spend more. Specifically, the paper highlighted a recent study of fast-food restaurants, which...

Another sign of the times folks… This year, the Salvation Army red kettles, often situated outside of department stores and supermarkets during the holiday season, will accept credit cards as a form of payment. No longer can you use the excuse, “I...

House Rules Committee Chairman Louise M. Slaughter is reportedly working on legislation that would cap credit card interest rates at 16 percent. While 16 percent certainly isn’t low, it’s markedly better than the 30 percent interest rates tied to many...

You just ordered a pizza online when a coupon appears before you, promising $10 off your next order. To snag the offer, all you have to do is hit “next” or “yes” or “continue.” Before you know it, you’ve signed up for a recurring...