Blog Posts in Credit Card Debt

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  • New Bankruptcy Law: Credit Cards Before God?
    New Bankruptcy Law: Credit Cards Before God?

    Here is an article about a bankruptcy ruling out of New York that said a religious debtor was not allowed to use chartiable contributions as an expense; ergo, the debtor had to pay credit card debt ...

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  • Credit card minimum payments doubling
    Credit card minimum payments doubling

    Toward the end of 2005, many of the credit card companies began increasing minimum required monthly payments. In many instances, the payments doubled. See here and here for more information. I noticed ...

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  • Report finds credit-card firms push users deeper into debt
    Report finds credit-card firms push users deeper into debt

    This news article discusses a new report that accuses credit card issuers of pushing consumers to borrow beyond their means. The new bankruptcy law was enacted to keep more people from filing ...

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