CHARLOTTE, N.C., March 10 (UPI) -- U.S. financial giant Bank of America said it would discontinue its policy of charging consumers for debit card overdrafts in response to consumer feedback. more >>
A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old. Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by "offsetting," or withholding Social ... more >>
This transcript chronicles the conversation between administration officials and CreditCards.com readers on Feb. 22, 2010, the day a federal credit card reform law took effect. more >>
LONDON (SHARECAST) - Key members of the Senate banking committee are coalescing around legislation that would strip the Federal Reserve of much of its regulatory authority but would leave the central bank with oversight of the nation's largest banks, according to aides familiar with the ongoing negotiations, writes the Washington Post. more >>
A recent federal law lifted the 10-year statute of limitations on withholding Social Security payments on defaulted debt, adding $6 billion to delinquent debt owed Uncle Sam. more >>
A little-noticed law could result in smaller Social Security checks for hundreds of thousands of seniors who owe the U.S. money from defaulted loans and other debts more than a decade old. more >>
These tickets may seem innocuous, but if you rack up more than $500 worth, your debt be labeled as "delinquent." Unless students own a credit card or are paying off school loans, credit scores are probably one of the last things on their minds. more >>
When Adrie started college, she didn’t have a credit card and didn’t particularly want one. Eventually, however, an on-campus solicitor for “Major Card” got her to sign up for a card membership. She was enticed by a free gift and an assurance she could cancel at any time. more >>
