U.S. consumer bankruptcy filings totaled 770,117 in the first six months of 2010 – a 14 percent increase over the 675,351 filings from the same period a year ago. The consumer filings for January-June of this ...

The auto loan delinquency rate – at least 60 days overdue – continued to slide in the first quarter of 2010, down to 0.66 percent, according to the credit reporting agency TransUnion. The delinquency rate fell ...

Consumers lowered the credit card balances on average almost 11 percent over the past 12 months, and fewer were late on their payments in the first quarter, pushing down the 90-day delinquency rate nearly 16 percent ...

The Federal Trade Commission today is urging caution for those with mounting credit card debt who seek companies that promise “pennies on the dollar” solutions. There is no guarantee that a debt settlement company ...

The Federal Deposit Insurance Corp. reported the failure of 7 more banks this week, bringing this year’s total to 37, representing a pace that will easily surpass last year’s total of 140 bank collapses. Through ...

Discover Financial Services sees a more positive outlook for 2010 with a stabilizing credit card delinquency rate, but it took a net loss of $104 million, or 22 cents a share, in the first quarter ended Feb. 28 ...

Bank of America, the nation’s top lender and second-largest credit card issuer, is combining its troubled Global Card Services with its deposits business under Susan Faulkner, who’s been with the bank for 25 ...

Warren Buffett — legendary investor and world’s second-richest person — brought himself down a slight notch, financially and humility-wise, thanks to the failed idea of a credit card for customers ...

Credit card charge-offs – or loans deemed uncollectible and written off – edged mostly upward in January as reported by the major card issuers, although there is some optimism in the stabilizing of delinquency ...

The beginning of a new year marks the arrival of the first post-holiday credit card statements and the realization for many that they may need to turn to debt relief companies for help. But consumers groups are ...