Senate Republicans have effectively killed an effort to freeze credit card interest rates for the next three months, and it took just 13 words. “On behalf of several senators on this side of the aisle, I object,” ...

Exactly half of surveyed Americans have had their credit card interest rates raised in the past six months, according to a new Rasmussen Reports national telephone survey. Nearly a third, 31 percent,  say their ...

Plastic issued by credit unions may be the best option in the wake of steady reports showing that major credit card issuers continue to raise rates.  A report issued this week by the independent nonprofit, Pew ...

A study of 400 credit cards offered by the top banks found “unfair” or “deceptive”  practices that will soon be outlawed, according to the Pew Charitable Trusts, the independent nonprofit. The ...

Despite a written objection by Fed Chairman Ben Bernanke, the House Financial Services Committee voted today to push up the start of sweeping credit card reform by two months, from Feb. 1 to Dec. 1. The new start-date ...

A credit card lets you buy things and pay for them over time. Using a credit card is a form of borrowing: you have to pay the money back. When you are choosing a credit card, there are many features — and several ...

In the wake of the financial crisis and the credit crunch, U.S. lawmakers are targeting what they deem as unfair rate hikes, hidden fees, unclear policy language and unreasonable time-frames offered by credit ...

Consumers will see the largest reform in credit card laws in years when the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 takes effect in February 2010. But cardholders are getting ...