from Moneywatch Personal Finance
Credit-card debt has been falling for 16 straight months but consumers aren’t paying off their financial obligations as much you might think. Instead, they’re walking away from the debt, forcing credit-card issuers to write off as much as 90% of that reported drop, according to a new report by CardHub. [...]
from Moneywatch Personal Finance
Bill Gross, manager of the world’s largest mutual fund, believes the debt of some nations may in the future be no better than private debt issued by corporations.
from Moneywatch Personal Finance
New laws that mandate consumers be given free credit reports come into effect later this year. Personal Finance Editor Andrea Coombes gives you the tips you need to save money and guard against ID theft.
from Moneywatch Personal Finance
Toyota cars, long known for their quality and reliability, are just about holding their own in resale value despite the massive recall of vehicles for sudden-acceleration problems and other issues.
from Moneywatch Personal Finance
More provisions of the new credit-card law go into effect today, but most of the news lately is about how card issuers are finding new ways to skirt those consumer protections. Is anyone surprised?
from Moneywatch Personal Finance
As new regulations seek to clamp down on card issuers, MarketWatch Personal Finance Editor Andrea Coombes lets you in on five important tips to help you save money.
from CNN Money Personal Finance
Sweeping credit card reforms took effect Monday, eliminating a host of nasty industry practices. For example, your card issuer can no longer arbitrarily increase the interest rate on an existing balance. Nor can it apply payments to balances at lower rates first.. [...]
from Moneywatch Personal Finance
For the first time in three years, credit-card issuers are ramping up their mailbox solicitations, but don’t expect to see your father’s credit-card appeals. Variable interest rates, higher annual fees and a host of new charges will be hidden in the fine print of these offers. [...]
from Moneywatch Personal Finance
As you enter retirement, probably the largest and most daunting expense you encounter will be taxes. And we’re talking not just of a benign single item of expense, but quite possibly many different kinds of levies. Each one of our 50 states can enact and enforce state and local taxes by the [...]
from Moneywatch Personal Finance
Credit-card holders: Your card issuers have been trying to tell you something by mailers and in actions that you need to know but have probably missed.