In most cases, if a credit card belongs to one person, the same individual would be responsible for debt incurred on the card. When your deceased spouse has credit card debt , there are...
Being Sued by a Creditor? Now that the amount of delinquencies and defaults are on the rise, many creditors are using lawsuits more frequently to collect debts. What should a debtor do if they...
If you can only afford to pay the minimum payment required on your credit cards, you probably need to file bankruptcy. Minimum payments are designed so that the debtor making the payment will pay...
Prepaid Debit Cards Truth And Lies Prepaid debit cards are becoming increasingly popular as many Americans facing financial troubles are finding it difficult to get a regular checking account due to bounced checks and...
The newly formed Consumer Financial Protection Bureau's (CFPB) oversight obligations will include the big three credit reporting Equifax, Experian and Trans Union. But it's still not clear exactly what type of powers they will...
As the banking industry is poised to lose $10 billion in overdraft and merchant fees, some banks are looking to tack on fees to debit cards and checking accounts to make up for the...
Just when consumers thought they were safe from the credit card shenanigans of big banks, a new culprit has found its way into their wallets. Business credit cards, which are being marketed to individual...
