high interest

It can happen anytime after you get your first credit card. One day you look at the bill, and even the minimum payment is almost out of reach. Years of purchases spell out what seems to be a lifetime of repayments and a fortune in interest. Don't despair. You can climb out. Here's how.

Illinois Governor Pat Quinn signed a law capping interest rates on consumer installment loans -- paid over a period of time and with interest rates sometimes exceeding 1,000% -- and increasing the amount of time for people to pay. "Many consumers who take out short-term loans are doing so as a...

Peer-to-Peer lending is everywhere these days. You can start a business, get student loans and consolidate high interest debt. Still, borrowing money from your peers is a new experience for most of us, and for many people new things are daunting -- which makes this borrower's look at peer-to...