The latest changes to bankruptcy law may be making it harder for some people to file bankruptcy. And a few filers with higher incomes are no longer allowed to use Chapter 7 bankruptcy, but will instead have to repay at least some of their debt under Chapter 13. All debtors now have to get credit counseling before they can file a bankruptcy case -- and additional counseling on budgeting and debt ma...

NEW YORK (AP) -- The rules your credit card company operates by will start getting much clearer on Thursday. But just because you'll know what they're up to doesn't mean you're going to like what you learn.

Regulations aimed at reining in practices like unexpected interest rate increases and credit limit cuts start with two rules. Consumers will now be given advance warning of any m...

The nation's banks raised credit card rates and increased their profit from lending to consumers in the first half of 2009, according to a consumer advocacy group.

The Pew Safe Credit Cards Project said Monday the median lowest advertised credit card rate rose to 11.99% in July from 9.99% in December. At the same time, the group said, the profit banks made on credit ...

NEW YORK (CNNMoney.com) -- Loans for consumers and businesses remained tough to come by over the past three months, according to a report published Monday by the Federal Reserve.

In the central bank's latest survey of senior loan officers, banks said they lent less from May through July, as demand for loans dwindled further and the creditworthiness of potential loan recipients worse...

Concludes Debt Settlement Can Provide Significant Value and Benefit to Consumers Beyond What Credit Counseling Can Provide

In light of the current economic climate, Americans for Consumer Credit Choice (ACCC) is making public a study to examine the debt settlement industry with a particular focus on results-oriented data and trade practices.

ACCC, with other industry ...