O Xcredit

O Xcredit

Credit card debt, the government and us
I'd never dreamed anything could be more shocking than looking at my credit card balance, but that was before I opened this month's statement. There, staring me in the face, was a message informing me that if I paid the minimum balance each month, it would take 31 years to pay off the credit card.

Congress targets credit card firms
WASHINGTON - The Senate voted overwhelmingly on Tuesday to rein in credit card rate increases and excessive fees, hoping to give voters some breathing room amid a recession that has left hundreds of thousands of Americans jobless or facing foreclosure.

Obama wants law protecting credit card users
WASHINGTON - Send me a bill that stops credit card companies from taking advantage of consumers, and do it by month's end, President Obama is demanding of Congress.




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