Consumers Stash Credit Cards

Americans have sharply reduced their use of credit cards, and some analysts believe the trend will continue even after the economy has fully recovered.

Professional Credit Cards Aren't All Bad

MarketWatch recently reported that Chuck Schumer is on the warpath about so-called “professional” credit cards. These cards aren’t covered by the consumer protections of the CARD Act, and it looks like solicitations jumped 256% in the first quarter of this year, compared to the same time last year. Previously these cards were reserved for owners [...]

China to have most credit cards in decade: MasterCard

China to have most credit cards in decade: MasterCardChina to have most credit cards in decade: MasterCard

Cash-conscious spenders dump credit cards and opt to pay by debit

2008 AP FILE PHOTO Americans are shunning their credit cards and using debit to avoid incurring more debt. Total payment volume for debit cards surpassed credit-card volume for the first time in 2009 and will continue to eclipse it in...

More Americans avoiding credit cards

Americans are shunning their credit cards and using debit to avoid incurring more debt, said Javelin Strategy & Research.