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 […]

What the CARD Act Reveals About Credit Card Debt Because of the CARD Act, credit card statements now show how long it takes to pay off a balance by making only the minimum payment. They also show how much interest you will pay over time. Many consumers think this information is a mistake. After all, […]

Some experts say the recession has changed how debt should be viewed By Marcia Frellick Does “Good” Debt Still Exist? Many people now question whether “good” debt still exists. Financial experts disagree, but most agree that today’s economy has changed how we should view debt. For years, people divided debt into two groups. Mortgages and […]