Parents are once again coming around to that time of the year when they send their children of to college to hopefully earn their degrees and move on to a good life. Unfortunately, a lot of bad things can happen when their kids are in college and, if statistics from Sallie Mae are to be believed, one of the worst is credit card debt.
Credit cards and students are definitely a bad mix. The problem is quite widespread and well known. Unfortunately, the problem had enough time to grow and get...
As the economic recession continues, credit cardholders are getting weighed down by credit card debt more and more. Rising interest rates and fees threaten to make it heavier still. However, a curious budding practice among credit card companies may be the answer to credit cardholders' problems.
While credit cardholders are worrying about their individual credit card debts, credit card companies are also in dire straits financially themselves. In March, revolving credit was recorded at a...
With employment problems and a struggling economy to deal with, more and more American consumers are seeing their credit cards as their last life line. Unfortunately, as credit debt problems continue and credit companies try to secure their future profitability when the credit card bill comes into play, credit is drying up at an alarming rate.
Equifax, a company specializing on providing credit data to credit companies and similar companies recently released data showing that access to...