Bad Behavior: Men, Women and Credit Card Debt
Tracking how men and women used credit cards over the course of a year revealed some striking differences -- and proved that both sexes could manage their debt a lot better.
Tracking how men and women used credit cards over the course of a year revealed some striking differences -- and proved that both sexes could manage their debt a lot better.
Americans got better about paying their credit card debt on time in the first quarter, a period when many borrowers use income tax returns to tackle their holiday season debt.
JPMorgan Chase has been sued by the state of California for allegedly using robo-signing and other illegal practices to collect debts from 100,000 credit card holders.
Millions of Americans have heavy debts and limited savings, so when a rare bit of spare cash appears, they face a conundrum: Should they pay down debt or build up savings?
For most people, tackling the average $8,000 we carry in credit card debt seems like an unbearable task. What if you had 20 times as much to worry about?
The new credit score on the block, VantageScore 3.0., is a revamped version of the original VantageScore -- a generic credit scoring model that has been around since 2006.
Travis and Vonnie Pizel made a good living, but 10 years into their marriage, bad spending habits had put them $109,000 in credit card debt. Here's how they got out.
The Dow is cruising at new highs, 236,000 jobs were created in February, consumer confidence is up, and Americans are feeling secure enough to take on new debt again. But if you're feeling somehow left out of the party, you aren't crazy. Things are still far from golden.
We all know the usual ways people try to save or generate more money to pay off their debts -- but some people go to extremes to escape those IOUs. We asked credit counselors across the country to share some of the more dramatic approaches their clients have used to get out of debt.
A recent survey shows that a majority of Americans have more money in their "emergency funds" than the owe on their credit cards. But if most people have more savings than credit card debt, how come it also feels like the majority of us are broke?
The sluggish economy has made money tighter across the nation, but, no surprise, the pain isn't being shared equally. A recent survey from Bankrate asked Americans how they're feeling about their finances, and reveals which groups are struggling the most.
Many Americans are still failing to sock away enough money to pay for retirement -- or emergencies for that matter, according to a survey. Only half of respondents reported good savings habits, including having a spending and/or saving plan in place.
When we die, we leave all kinds of things behind, including our debts. And it's not always clear what exactly happens to those obligations. Consider your credit card debt, for example.
Fidelity recently conducted a survey asking parents how they think their adult children are doing at handling their finances. As you might expect, those parents didn't hold back with their criticism.
Identity theft is bad enough when it's a stranger committing the crime. But it gets even more complicated when the perpetrator is a relative. And that scenario is far more common than you might guess.














