Every time you swipe one a rewards card at a store, that data goes somewhere to get analyzed. Marketplace's Stacey Vanek-Smith takes a look at the multi-billion dollar data mining industry -- how it has evolved and where it will go.
The subprime mortgage debacle has given debt a bad rap lately. But there was a time when borrowing money helped establish a strong middle class. Stephen Smith reports.
There used to be a time when Americans frowned upon going into debt. But historians say that changed nearly 100 years ago. Stephen Smith looks back on how our debt-driven society hit the gas with General Motors.
As employment benefits run out, more people are turning to credit cards to make ends meet. Stacey Vanek-Smith reports.
Using a credit card is easy. Writing a check is more time consuming. Host Tess Vigeland talks with personal finance columnist Jason Zweig about how different ways of paying can affect how much we spend.
With consumer credit-card debt climbing, banks are shifting marketing strategies to get their plastic in the hands of more financially stable customers. Stacey Vanek-Smith reports.
These days, credit card companies are taking plastic away from a lot of consumers. To figure out whose credit to cut, companies look at where you live, where you shop, and what you buy. Stacey Vanek-Smith reports on data profiling.
With consumers defaulting and newfound scrutiny from lawmakers, credit card companies are in a tough place. Stacey Vanek-Smith reports that's got companies trying a new tactic.
For another point of view on the merits of credit counseling, we asked Gail Cunningham of the National Foundation for Credit Counseling to respond to Liz Pulliam Weston's assertions. She insists counselors are there to help, but don't work magic.
If you're in debt you might hear advice to go to a credit counselor. But MSN Money columnist Liz Pulliam Weston has been looking into the success rates of those debt-management plans and has found that all too often they don't work.

More from The Borrowers

Most Recent

10

Data mining pushes marketing to a new level

Monday, July 26, 2010
Every time you swipe one a rewards card at a store, that data goes somewhere to get analyzed. Marketplace's Stacey Vanek-Smith takes a look at the multi-billion dollar data mining industry -- how it has evolved and where it will go.
Posted In: Credit Cards, Retail
0

Unemployed stay afloat on credit

Friday, November 27, 2009
As employment benefits run out, more people are turning to credit cards to make ends meet. Stacey Vanek-Smith reports.
Posted In: Economy
3

Banks draft changes to overdraft fees

Friday, September 25, 2009
If you ever spent more with your debit card than was in your account, your bank may have paid the amount but then slammed you with a big overdraft fee. Banks impose such policies as "protection plans." But now, as Stacey Vanek-Smith reports, you'll have a choice of whether you want one.
Posted In: Savings
2

Painless spending can hurt pocketbooks

Friday, September 25, 2009
Using a credit card is easy. Writing a check is more time consuming. Host Tess Vigeland talks with personal finance columnist Jason Zweig about how different ways of paying can affect how much we spend.
8

Congress looks to limit debit card fees

Monday, September 21, 2009
As more consumers are using debit cards for purchases, banks are seeing a decline in late fees and interest charges on credit cards. So they're looking to make up the difference -- and lawmakers have noticed. Stacey Vanek-Smith reports.
Posted In: Wall Street
2

Credit card companies try new tactics

Tuesday, September 15, 2009
With consumers defaulting and newfound scrutiny from lawmakers, credit card companies are in a tough place. Stacey Vanek-Smith reports that's got companies trying a new tactic.
3

Compulsive debtors turn for help

Friday, August 28, 2009
We've all heard about Alcoholics Anonymous. But Debtors Anonymous? Marketplace Money profiles three members.
Posted In: Savings
2

No credit card for my college-bound son

Friday, August 28, 2009
It's that time of year again: young adults are schlepping off to college, many of them for the first time. How are parents handling the whole money conversation? Commentator Harriett Brackey tells her story.
4

Is credit counseling good for you?

Friday, August 21, 2009
During these tough economic times, a lot of folks are reaching out for help with their credit cards. Marketplace Money listeners chime in on whether credit counseling has worked for them.
1

Credit card reforms only do so much

Friday, August 21, 2009
Commentator Jill Schlesinger says that although the government has passed new rules regarding credit cards, real credit card reform will only come when individuals change their spending habits.

Most Commented

45

Credit card companies are watching you

Wednesday, July 8, 2009
With credit card defaults rising, some companies are looking for reasons to cut your plastic. To make these decisions, banks rely on data about what you buy, where, and the company you keep. Stacey Vanek-Smith reports.
20

Merchants take a swipe at card fees

Friday, July 24, 2009
Every time you charge your Big Gulp at 7-Eleven, a credit card company swallows part of the profit. But Slurpee slingers have had enough of the merchant fees. Stacey Vanek-Smith reports.
Posted In: Retail

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