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Think America learned its lesson from the financial crisis? Guess again.Americans were shaken enough by the Great Recession to reduce their debt levels -- for one year, back in 2009. Since then consumer credit outstanding has increased in each of the subsequent three years, and is rising again so far in 2013. As a result, the amount consumers owe is higher than ever.Easy moneyPart of the problem is that consumers are constantly bombarded by inducements to borrow money. The debt pushers are everywhere: credit card offers in your mailbox, extended-term auto loans at your car dealer, reverse mortgage and home equity pitches on your television, pension-advance salesmen on your telephone and payday lenders in your neighborhood.If you respond to just a fraction of these come-ons, you will go further and further into debt . In today's society, one of the keys to getting ahead financially is learning to resist the debt pushers.Here are six steps you can take to avoid them:Limit your number of ...
Financial Security Index Charts ?? Credit Card Debt Hits All Incomes -- Big And SmallRumors of the spendthrift American consumer may be slightly exaggerated. Bankrat...
Federal and state regulators are examining whether some of the largest U.S. banks are helping Internet-based lenders evade state laws that cap interest rates on payd...
The Credit CARD Act has caused higher interest rates and lower availability of cards -- especially for new users and people trying to re-establish their credit, the ...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
Taxpayers might keep more of their own tax refund money in their pockets this year because banks no longer make the costly loans often advertised by tax preparation ...
Think your credit card issuer only looks at your income and FICO score when deciding what kind of credit card you deserve? Not anymore.As millions of Americans recov...
If you're suffering from a case of post-holiday credit card bill guilt, you're not alone. While making good on your resolution to pay down your debt is a terrific go...
Prosperity Bancshares CEO David Zalman on the bank’s strong growth over the last year.
To avoid your own "fiscal cliff" in 2013, I suggest you stop arguing with yourself and take 10 -- and by that, I mean 10 positive steps for a better, more prosperous...
While you are out shopping, dining, traveling and celebrating this holiday season, you should keep this not-so-jolly fact in mind: there are thousands of your fellow...
Dear Debt Adviser, I co-signed for a friend's payday loan, and unfortunately he's failed to pay it off. I can't cover the bill, so I asked a payday loan assistance c...
Aspen Institute Susan Ochs on candidates for Treasury Secretary and the financial sector.
Are These Smart Guys Making Dumb Money Moves?CBS' No. 1 hit show, "The Big Bang Theory," has reached a stratosphere of popularity not many shows achieve. What origin...
The U.S. consumer watchdog said high-cost, short-term loans often trap borrowers in a cycle of debt, warning in a report on Wednesday that new rules could be on the ...
"Get Cash in 24 hours!" "Need cash now? Get a cash advance for your pending lawsuit." "Lawsuit Loans for Lawsuit Cases."Your credit card bill already comes attached ...
The Justice Department is examining the role financial institutions play in fraud schemes perpetrated by bank customers offering deceptive products, a department off...
J.P. Morgan Chase & Co. (JPM) is changing its policies to protect customers from payday lenders and other billers that repeatedly seek payments from Chase's consumer...
If you think all credit cards are the same and any one will do, think again.Choosing the right credit card to match your financial situation and spending habits can ...
Dear Debt Adviser,I had a medical emergency last year and opened a payday loan for $1,500. I haven't been able to pay it off, and I'm unable to get a real loan due t...
