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New Rule Cracks Down on Debt Settlement Industry
Tired of credit card debt? Vulnerable borrowers get some protection Debt settlement - Business - Financial Services - Financial Planning - Debt Consolidation
abcnews.go.com

Debt firms targeted
NEW YORK - Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an upfront fee.
www.telegram.com

Lessons from my worst money blunders: credit card emergency fund
Depending on credit cards for emergencies can land you deep into debt quickly. Putting just a little bit away each month instead could save you from financial crisis.
www.csmonitor.com

Is Dad responsible for stepmom's credit card debt after her death?
Responsibility for debt after the debtor's death comes down to who signed the contract and what state they're in
www.foxbusiness.com

The Inception of New Debt Relief Programs Helps Consumers Get Out of Credit Card Debt
LOS ANGELES, CA--(Marketwire - July 28, 2010) - Throughout history debt relief has evolved and recently the industry has undergone a dramatic change due to high consumer credit card debt. Debt relief forgiveness can be traced back to biblical times in the Old Testament, when Moses declared a Holy Year to take place every year where all debts are forgiven and all slaves freed. In more recent ...
www.marketwire.com

New rules restrict credit counselors
The North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...
nptelegraph.com

Questions To Ask To Get Out Of Debt
Credit counselors can help--but only if you sweat the details of their plans.
www.forbes.com

Credit card use falls; issuers hit
After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new issue: customers who are too good.
www.journalgazette.net

New Restrictions for Debt Settlement Firms
The Federal Trade Commission on Thursday announced restrictions on companies that purport to help borrowers get rid of crippling amounts of debt. The effort aims to address complaints about lenders that charge huge fees but fail to reduce the obligations of customers in debt.
dealbook.blogs.nytimes.com

Credit Card Fees & Accounts Speech by President Obama [Transcript]
Credit card fees, account holder rights and balances were all highlights of President Barack Obama's remarks before the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act at the Ronald Reagan Building.
www.thirdage.com

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