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U.S. credit card debt drops to 8 year low
The amount consumers owed on their credit cards in this year’s second quarter dropped to the lowest level in more than eight years as cardholders continued to pay off balances in the uncertain economy. The… -
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New credit rules don’t apply to business cards
If you’re joining the ranks of the self-employed, you’ll need to take certain steps to show you’re serious about your business. A designated home office is a good idea. So is a professional-looking website. You… -
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Credit card companies cash in on campus
When will we stop pushing plastic on our young adults? For years, institutions of higher learning and affiliated groups have struck deals with credit card issuers to market their cards to students, many of… -
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More Chase customers to pay fee for checking
Chase customers who don’t earn a lot or rely on paltry government benefits may soon have to pay a monthly fee on their checking accounts. The bank started notifying customers this month that direct deposits… -
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Credit card reform is working
It’s been nearly a year since the major provisions of the credit card reform law took effect. A lot has changed since then, most of it for the better. Under the CARD Act, penalty fees…

