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.
Consumers who sign up for credit cards usually sign away their right to sue for unfair charges. Host Bob Moon talks to Minnesota Attorney General Lori Swanson about why she sued arbitration firms, why they backed down, and what the results mean for consumers.
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.
Certain types of purchases can be red flags to credit-card companies watching for signs of consumers with questionable finances. Here are 10 compiled with the help of Robert Manning, author of "Credit Card Nation."
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.
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.
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.
Credit card offers aren't clogging up the mail like they used to. Those that do come in aren't the zero-interest, zero-fee deals of the past. Rico Gagliano reports.
