Dec 2 (Reuters) – ‘Tis the season to charge it. Pay a little now, finance the rest with credit cards. If you’re like a lot of people, that might sound like a good deal for holiday shopping. “We spend more in this five-week week period than in the collective 47 weeks that lead up to […]

Because of the CARD Act, creditors must print on credit card statement the amount of time to pay off the card’s balance (and interest paid) if you just made minimum payment required. I’ve spoken with many consumers and I can tell you that a lot of people think the information is a misprint. How can […]

Some experts say the recession has changed how debt should be viewed By Marcia Frellick Does “good” debt exist anymore? Financial experts differ, but many say that in today’s economy, it’s time to reconsider how we look at some common types of debt. Traditional thinking separates debt into “good” and “bad.” Mortgages and student loans […]