credit card debts

Most Americans Have More Savings Than Credit Card 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?

How Debt-Settlement Companies Skirt New FTC Rules

The Federal Trade Commission's telemarketing rules aim to protect consumers from debt-settlement companies that charge upfront fees or overpromise results. But some companies already have found ways to get around those rules, consumer groups warn.