The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

Even if credit card interest isn't capped, cardholders have more power than they think, consumer advocates say.

Overall, American household debt — which, aside from credit card debt, includes mortgages, car loans and student loans — is at a record high, according to the latest data from the Federal Reserve Bank ...

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Banks see room for consumer credit to continue rising Higher workforce and economic strength viewed as drivers Bad debt ratios tick higher but far below 2008-09 levels Spanish government to set caps ...

Springboard Nonprofit Consumer Credit Management was hit with a telemarketing class action on Dec. 17 in California Central District Court. The suit, brought by the Law Offices of Jibrael S. Hindi, ...

Google is expanding its push into consumer finance in India with the launch of a UPI-linked credit card, betting on a country of more than 1.4 billion people where fewer than 50 million currently hold ...

CFA urges the CFPB to withdraw the proposal and reaffirm the Equal Credit Opportunity Act The Consumer Federation of America (CFA) is urging the Consumer Financial Protection Bureau (CFPB) to abandon ...

Having trouble trying to figure out how the U.S. consumer is doing lately? You aren’t alone. Now, the increasing migration of consumer lending to less-visible parts of the financial system is only ...

Consumer borrowing remained tepid in October, possibly indicating that Americans are feeling increasing financial stress. The U.S. economy depends on consumers buying stuff. Persistent price inflation ...

Key insight: A new survey of consumer credit companies revealed deteriorating business conditions in the third quarter, and signs of increasing stress among some consumer segments. What's at stake: ...