The Fed Toys With Idea Of Relieving Your Credit Card Crisis (KLTV 7 Tyler)

Sunday, August 16th, 2009

The average American household owes $8,000 in credit card debt. The Federal Reserve is considering setting some serious rules to make sure your credit card company is playing fair. Some members of Congress have already tried to help. But, until something is definite, many East Texans are choosing to swipe with ...

4M Brits have yet to repay credit card debts from last Christmas (New Kerala)

Wednesday, August 5th, 2009

London, December 13 : Over four million Brits have yet to repay the amount they spent on Christmas shoppings last year using credit cards, say reports.source

Are You Sinking in Credit Card Debt? (KFDM Beaumont)

Wednesday, May 27th, 2009

Many Americans are sinking in credit card debt and the financial crisis is making it harder for those families to tread water. They're using credit cards instead of cash to pay for gasoline, groceries and other items.source

Credit card forgiveness rejected by regulators (Miami Herald)

Tuesday, May 26th, 2009

(AP) -- Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt.source

Snapshots (The Montana Standard)

Monday, May 4th, 2009

Banks asking for debt forgiveness WASHINGTON (AP) — With defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills.source