The same problems that plagued the foreclosure process — and prompted a multibillion-dollar settlement with big banks — are now emerging in the debt collection practices of credit card companies. As they work through a glut of bad loans, companies like American Express, Citigroup and Discover Financial are going to court to recoup their money. […]

By Andrew Housser For many people, as they age, the term “golden years” may be a misnomer. More and more people are struggling with debt, due to the combination of the recent economic recession, lower income as they age, and increasing health costs. How tight are budgets? Among those older than age 75, nearly 40 […]

By Kris Bickell, on February 19, 2012 Years ago I had a co-worker who had a saying: credit cards don’t come with instructions! How true. On the one hand having a credit card makes buying so easy. Just hand over your card, and worry about paying later. No need to carry cash. No need to […]