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Dating and debt: 8 red flags you need to look out for

12:30PM 9/17/2010

Credit, 101 credit&debt, Personal Finance, Family Money

When a professional meeting planner in Melville, N.Y. began dating the man who would eventually leave her $100,000 in debt, there were some clear warnings signs that he was having trouble with his finances. A part-time comedian, he used to joke about how he was only with her because of her secure...

America's new debtor prison: Jail time being given to those who owe

8:00AM 7/15/2010

By Martha C. White

Credit, Debt, Credit, 101 credit&debt, Biz Brief, Banking

Debtors prisons were federally abolished in the United States in the 1800's, yet in certain states, they seem to be making a comeback. Out of Minnesota come disturbing reports of Americans being thrown in jail due to outstanding bills -- sometimes for as little as $85. The Star-Tribune of...

How to calculate credit card interest and save yourself money

3:00PM 4/16/2010

By Lita Epstein

Credit Cards, Credit, 101 credit&debt

If you're like most of us, you've probably received at least one credit card bill with the new format required by the CARD Act that went into effect on February 22. The new format explains how long it will take to pay off your card if you pay only the minimum required. Personally, I like this new...

No-limit credit cards could lower your FICO score

11:00AM 3/22/2010

By Martha C. White

Credit Reports, Credit, 101 credit&debt

Having a good credit score is important. We here at WalletPop have told you how to get or keep a good credit score, and how to fight back against reporting mistakes that can harm your score. But there's one particular type of quirk that could be hurting your score without your knowledge: cards...

Don't co-sign on a credit card for your college student

2:45PM 3/02/2010

By Zac Bissonnette

Credit, Debt, Credit Cards, Credit, 101 credit&debt, Banking

One of the results of the credit card reform legislation that recently went into effect was a dramatic change in the ability of college students to access credit. Anyone under the age of 21 will now need, according to the bill, "financial information. . . indicating an independent means of repaying...

Best platinum cards for status spenders and rewards seekers

10:00AM 11/26/2009

By Janean Chun

Credit, 101 credit&debt, Saving Money

Remember the days when gold credit cards were the gold standard? Then platinum credit cards became the new mark of exclusivity. Since then, the platinum of platinum credit cards have morphed into black, clear, blue, plum, titanium and every other color imaginable in the status rainbow. How do you...