Before the Great Recession, U.S. consumer debt had risen fairly steadily for more than a decade. With the downturn, it finally dropped…until December’s small rise. However, a longer look at the trend of ever-rising debt shows…
After the Great Recession and with volatile stock markets and unemployment keeping Americans jittery, more people are ready to commit to improving their personal financial situation in 2011. Here are a dozen steps that can help…
The Federal Trade Commission’s telemarketing rules aim to protect consumers from debt-settlement companies that charge upfront fees or overpromise results. But some companies already have found ways to get around those rules, c…
Linda Almonte, a former employee of JPMorgan Chase who is suing the bank for wrongful termination, has upped the ante by filing a whistleblower complaint with the SEC. She’s alleging grotesque and illegal practices with Chase c…
U.S. consumers appear to be getting bit less frugal: The amount of consumer credit in use unexpectedly rose in October for the second straight month. But the whole rise came from non-revolving debt, which includes auto loans an…