high interest rates

Credit Card Horror Tales: 5 Ways Bad Plastic Kills Your Finances

The credit card market remains plagued by cards built to kill your savings, despite the consumer-friendly reforms of the CARD Act and record-low interest rates for most loans. Here are the five most common ways the worst credit cards prey on unsuspecting consumers.

Would You Take a Payday Loan from Octomom?

"Octomom" Nadya Suleman has taken on some fairly sleazy jobs to support her super-sized family: reality TV star, stripper, porn actress. But this may be a new low. She's out to become America's most fecund financial adviser, shilling for a payday lending company called OctoLoan.

Should You Take That Retailer's Credit Card Deal?

Chances are you've been pitched a retail card more than once. Usually it goes something like this: "Will you be saving 10% using your [name of store] card today?" The hope is you'll find the prospect of a discount alluring enough to sign up. But should you?

Worst Credit Cards of 2011: The Plastic Hall Of Shame

We Americans can't live without our credit cards -- but there are a few varieties of plastic that should be kept out of consumers' wallets. Here's CardRatings list of the five Worst Credit Cards of 2011 (plus one that you might want to reconsider).

Predatory Lenders Put U.S. Soldiers in the Crosshairs

Members of America's military face threats around the world every day, but it's a domestic threat that has the top brass on the offensive on the home front -- predatory lenders. Here's how the Department of Defense is fighting back.

How 'Short-Term' Payday Loans Cause Long-Term Woes

A new report from the Center for Responsible Lending paints a seriously depressing picture of the damage the payday loan industry wreaks on its customers. What's worse is that the report actually understates the grim reality facing payday borrowers today.