This Week in Credit Card News
Credit Card Debt Falls for 23rd Straight Month The latest Federal Reserve Consumer Credit report showed that credit card debt dropped $4.39 billion in July after a $5.21 billion fall in June. This was the 23rd consecutive month credit card debt decreased. [Reuters] Chase Won’t Rule Out “Difficult” Discover Purchase JP Morgan Chase has considered the possibility of [...]

Student debt surpasses credit card debt
WASHINGTON, Sept. 10 (UPI) -- The amount U.S. students owe for tuition loans has surpassed what credit card borrowers owe for the first time, a private researcher said. Credit card - United States - Loan - Financial services - Business

Consumer credit card debt shrinks again in July
Consumer credit card debt fell by more than $4 billion in July, a record 22nd straight monthly drop, according to the latest Federal Reserve data.

Credit card debt fell again in July for 23rd straight month
Good news for consumer debt but bad news for the U.S. economy: Credit card use fell in July for 23rd straight month, the Federal Reserve just ...

New Credit Card Debt Program Laws Have Changed, Consumers Now Safer
The FTC Has Changed Rules and Regulations on How Credit Card Debt Relief Companies Can Do Business; Total Debt Relief Explains

Eliminating your Credit Card Debt
Imagine you are an average college student: you enjoy hanging out with friends, you sleep till noon on weekends.Oh, and you also have $2200 in credit card debt, ($5800 if you're a graduate student). Although credit cards offer a great way to boost your credit score and track spending, companies prey on the uninformed and are great at extracting money from students.

National Debt Relief Program Discusses Credit Card Debt Consolidation
SAN FRANCISCO, CA--(Marketwire - 09/08/10) - Credit card debt relief and consolidation is helping today as consumers cope with massive amounts of personal debt during this time of economic uncertainty. Collectively, the U.S. government, the state governments, corporate America and American consumers have accumulated the biggest mountain of debt in the history of the world. This massive debt ...

Credit cards: Use down, cost-consciousness up
The tough economy apparently has created consumers who are more risk-averse and cautious — and less likely to use credit cards.   In a new report, Javelin Strategy & Research says credit-card use continues to drop, with many Americans gravitating toward reloadable prepaid cards and other devices intended to keep them out of debt problems.   Consumers also are highly cost-conscious, with 80 ...

Credit Card Usage Plummets
The drop was driven by the economy and legislation. Credit card - Visa - Debit card - Payment - Javelin Strategy Research

Grandma opened a credit card in my name
Question 1. My grandmother opened a credit card account in my name without my knowledge, did not pay it and now they are coming after me. She is 71 years old. What shall I do? -- Jackson, Greensboro, N.C.