Credit Debt

Corporate Credit Risk Rises as Markets Absorb New Debt Issuance (Bloomberg)

March 11 (Bloomberg) -- The cost to protect against defaults on U.S. corporate bonds increased as credit markets had to absorb a 57 percent jump in weekly company debt sales.

Credit card users not making big dent in debt (MSNBC)

With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't.

Credit Card Debt Relief Programs More Effective Than Ever (Marketwire via Yahoo! Finance)

CHICAGO, IL--(Marketwire - 03/11/10) - With a sovereign debt crisis beginning to emerge and spread in Europe, many are beginning to wonder if and when such a national debt crisis will strike the U.S. Yet at the consumer level, a debt crisis is underway and has been since the beginning of the recession, hence the need for credit card debt relief programs. Consumer advocate Total Debt Relief ...

Credit-card users blow off billions in debt (The Daily Comet)

CANDICE CHOI AP Personal Finance Writer In 2009, banks wrote off a record $83.27 billion in credit-card debt. A study found that accounts for the bulk of the of $93.2 billion drop in consumer-card balances reported by the Fed for last year.

Credit-card users blow off billions in debt (The Daily Comet)

In 2009, banks wrote off a record $83.27 billion in credit card debt. A study by consumer credit research site CardHub.com found that accounts for the bulk of the of $93.2 billion drop in consumer card balances reported by the Fed for last year.

Debt Management and Credit Card Debt Relief Success Hinge on Cards Used, Says Accelerated Debt Consolidation (PRWeb via Yahoo! News)

For optimum credit card debt relief or debt management, using the right credit cards determines how much time it will take to pay off the entire debt, according to new findings by Accelerated Debt Consolidation, Inc.

Those With Bad Credit Sought for Auburndale-Based Debt Counseling Agency Program (The Lakeland Ledger)

By ERIC PERA THE LEDGER An Auburndale-based debt counseling agency is looking for a few good people with lousy credit scores to participate in a pilot money-management program.