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In what is expected to be hailed as a victory for consumers, the Consumer Financial Protection Bureau announced this week that the nation's leading credit card companies have slowed the speed at which they raise interest rates on credit

In a vote that was met with plenty of hand-wringing on both sides of the aisle, the Virginia House of Representatives passed a bill on Monday that would reinstate auto title lending in the commonwealth by a 51-47 vote, the Washington Post reports.

Many debt collectors employ the traditional practice of personally calling individuals or knocking on their front doors, but a new method increasingly used by collectors is under fire from the Federal Communications Commission. According to

In a sign that consumers are becoming more wary about their credit reports and their personal spending levels, the national credit card delinquency rate fell sharply between the fourth quarter of 2009 and the same time last year. The observation

Legislators in Texas and Mississippi are both considering bills that would change the way short term lenders can provide short-term loans to residents of their states.A Texas Senate committee recently heard a bill filed by Senator Wendy Davis that