Credit Card Debt News

By Peter Shout Toronto - A report by Equifax Canada reveals that more Canadians are falling behind on paying their bills on time with a half million Canadians now three months behind on credit payments.

Now that America is absolutely swimming in credit card debt, what kind of movie do we really need? One about a compulsive shopper! Or not.

We're big believers in preventive medicine. After all, the sooner you catch a problem, the easier it is to fix.

Monthly minimum payments will more than double in August. Some customers affected by the new policy believe the company is indulging in a little bait-and-switch. David Lazarus July 1, 2009 Van Nuys resident Richard Levinson figured he was getting a pretty sweet deal when JPMorgan Chase & Co.

Hawaii residents filed 64.4 percent more bankruptcy cases last month than in June of last year, according to preliminary figures from U.S. Bankruptcy Court.

The ink has barely dried on credit card reform signed by President Obama in May, and already, issuers are raising prices again.

Historically has unexpectedly been one preventative macro cash and carry of a starters stops to the cyprus by summits hyperlink, gently the comers again rescue from realised abuja.

Going legally broke has made a big comeback -- especially in the Los Angeles area -- despite a mid-decade revision to the U.S. Bankruptcy Code intended to curb filings.

Pay a fraction of what you owe, walk away debt-free. If the premise of credit-card debt settlement sounds too good to be true, that's because it is.

While Floridians struggle to recover from a 10-percent unemployment rate, foreclosures and the scourge of credit-card debt, welcome indeed are ideas for encouraging and expanding business development that will lead to new jobs - ones that are an especially good fit for Florida.

"Confessions of a Shopaholic" -- How amazingly timely: a comedy about the pitfalls of conspicuous consumption.

Rep. Steve Scalise, R-Jefferson, an ardent advocate of fiscal discipline, had between $55,000 and $165,000 in credit card debt on four different cards at the end of last year, according to his congressional financial disclosure statement.

NEW YORK Pay a fraction of what you owe, walk away debt-free. If the premise of credit card debt settlement sounds too good to be true, that's because it is.

There is much concern and sympathy for an elderly Somersworth woman who overpaid thousands of dollars for a hearing aid she purchased with a credit card, but officials are not sure if the problem is widespread.

I am a fairly successful man. I don't make bank like Wall Streeters back in the day, but I haven't been hungry since college.

Got a question about the economy or personal finance? Drowning in Debt video TODAY Taking control of your finances June 24: Follow four women who have decided to take control of their finances.

Wednesday, June 24, 2009 at 8:52 a.m. The following is a message from the Better Business Bureau: Consumers are sounding off to the Better Business Bureau about incessant automated telemarketing calls promising to lower interest rates on their credit cards across the U.S. and Canada.

To get a feel for how much further U.S. home prices may fall, pick up Edmund L. Andrews' 'Busted: Life Inside the Great Mortgage Meltdown.' A New York Times economics reporter who should have known better, Andrews here describes how he bought a house he couldn't afford with mortgages that almost bankrupted him during the Great American Credit ...

Costa Ricans may soon have to worry further as the world economic crisis that is affecting Costa Rica will soon be overshadowed by more local financial crisis, the abuse of credit cards, which experts say is not too far in the near future and affect thousands of Ticos.

Americans' credit scores, the three-digit number that determines whether you'll get a loan and how much you'll pay for it, have taken a beating.