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Consumer Credit Card Debt News

Consumer debt skyrocketed in 4th quarter - CBS News


CreditCards.com

Consumer debt skyrocketed in 4th quarter
CBS News
Total American consumer debt increased at an annual rate of 7.5 percent in the fourth quarter of last year, a huge rise that indicates US economic growth is again being fueled by borrowing. According to a report from the Federal Reserve, credit card ...
Consumer credit jumps by $19.3 billion in DecemberLos Angeles Times
Consumer credit card balances keep rising, Federal Reserve saysCreditCards.com
Credit-Card Borrowing Surged Over Holiday PeriodWall Street Journal (blog)
MarketWatch -InsideARM -NASDAQ
all 282 news articles »

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Credit card debt down - but average card still over €1300 in debt - thejournal.ie


Credit card debt down - but average card still over €1300 in debt
thejournal.ie
A CENTRAL BANK statistician has told the Oireachtas Committee on Finance, Public Expenditure and Reform that although credit card debt in Ireland has fallen by about €4 billion in three years, the average debt level per card remains largely unchanged.
Irish credit card debt remains highRTE.ie
Personal debt levels to be outlined todayIrish Examiner

all 7 news articles »

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Consumer Credit Erupts For Second Straight Month - Wall Street Journal (blog)


Consumer Credit Erupts For Second Straight Month
Wall Street Journal (blog)
By Steven Russolillo Credit-card debt in the US surged for a second sraight month, as Americans overlooked meager wages and ramped up borrowing in order to spend for the holiday season. Remember all those stories about the deleveraging consumer and how ...

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Credit card lenders express concern over CFPB - Debtmerica Relief


PR Web (press release)

Credit card lenders express concern over CFPB
Debtmerica Relief
The federal agency tasked with helping to protect consumers from misleading or confusing lending practices is now looking into a service credit card issuers provide ostensibly to help avoid fraudulent credit card debt. The new federal Consumer ...
Get Out of Debt Free Card, Now Available on Kindle, is a Personal Finance Book ...PR Web (press release)

all 3 news articles »

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Robocallers Who Claimed to Reduce Credit Card Interest Rates Shut Down - Statesboro Business News


Robocallers Who Claimed to Reduce Credit Card Interest Rates Shut Down
Statesboro Business News
The Federal Trade Commission has reached a settlement with four of the defendants in an allegedly phony debt relief services operation that claimed that, for $995, it would dramatically reduce consumers' credit card interest rates.

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Six reasons why credit cards beat payday loans - Which?


Which?

Six reasons why credit cards beat payday loans
Which?
A new report from PriceWaterhouseCoopers (PWC) shows that total outstanding credit card debt fell by 5% in 2011, leaving the average credit card balance at around £1000. However, it also found that significant numbers of consumers have found it ...
Celebrity Sponsorship Drives Interest and Questions About Prepaid Debit CardsSacramento Bee
Give your card some creditTelegraph.co.uk
British families owe £8000 in unsecured debtTotallyMoney News
BBC News -Forbes
all 18 news articles »

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Bankruptcy lawyers: Student debt is looming economic bomb - USA TODAY


USA TODAY

Bankruptcy lawyers: Student debt is looming economic bomb
USA TODAY
Total debt from student loans is about $1 trillion, about 14 times more than 15 years ago, and well above the estimated total credit card debt of $798 billion. The bankruptcy attorneys association's report urges a change in bankruptcy laws so those ...
The Student Loan Crisis Is Crippling America's Families -- Is The Economy Next?Forbes
Student Debt Could Be Next 'Bomb,' US Bankruptcy Lawyers SayBusinessWeek
Survey: 4 Out 5 US Bankruptcy Attorneys Report Major Jump in Student Loan ...MarketWatch (press release)

all 59 news articles »

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News and other resources about Consumer Credit Card Debt