The U.S. Department of Housing and Urban Development is providing more than $42 million in “housing counseling grants” to 468 national, regional and local organizations. The grants will enable the organizations ...

With the economic recovery showing signs of sustainability, all wary eyes turn to interest rate consumer products – mortgages, auto loans and credit cards – as several factors in recent days indicate a climb out ...

An employment report that sees the most jobs gain since March 2007 and the yield on the benchmark 10-year Treasury note climbs to 3.94 percent, the highest since June. Those two major indicators that emerged Friday ...

In new rules disclosed today, the Federal Reserve is proposing to make credit card issuers more accountable by requiring them to provide as many as four reasons for every interest rate increase. The Fed may also ...

Consumers are using their credit cards less or paying of their balances more at an historic pace, according to the latest figures from the Federal Reserve’s monthly snapshot of borrowing trends.   And on Feb. ...

The latest attempt by Democratic lawmakers to cap credit card interest rates in light of self-advantageous actions by card issuers is scheduled for Jan. 27, but this attempt is likely headed for the same fate as ...

San Diego Lawyer Ben Pavone went on the CBS Early Show and said sternly that he will not pay his Bank of America credit card bill because the bank suddenly raised his rate to 27.99 percent and cut his spending limit. And ...

Connecticut Attorney General Richard Blumenthal, who is crusading against interest rate hikes by credit card issuers, said on Wednesday that he intends to run for fellow Democrat Christopher Dodd’s seat in ...

So much has been debated and criticized about the credit card reform laws set for full effect Feb. 22 that the sizzle the legislation initially sparked has fizzled. Nonetheless, the interest rate relief and other ...

Two House Democrats have introduced a bill to cap credit card rates at 16 percent and penalty fees at $15, despite the failures of previous attempts to freeze rates ahead of reform laws set to take full effect in ...