Credit Card Debt

Write-offs are driving decline in credit-card debt (Market Watch)
Credit-card debt has been falling for 16 straight months but consumers aren’t paying off their financial obligations as much you might think. Instead, they’re walking away from the debt, forcing credit-card issuers to write off as much as 90% of that reported drop, according to a new report by CardHub.com.

Credit Card Debt Relief Self-Help Tips Offered by Total Debt Relief (Marketwire)
When It Comes to Credit Card Debt, Relief Options Are Available to Consumers, Many of Which Can Be Started Without the Aid of Professional Assistance

Credit Card Debt Relief Self-Help Tips Offered by Total Debt Relief (Marketwire via Yahoo! Finance)
DENVER, CO--(Marketwire - 03/08/10) - Consumers these days are taking a more pro-active stance when dealing with credit card debt. No longer content to let the chips fall where they may, many have discovered that there are a great many strategies that can be implemented either on their own or with the aid of professional financial help. One of the most obvious, yet overlooked credit card debt ...

Lower credit card debt traced mainly to charge-offs (USA Today)
Consumers fell further behind on bills in 2009, causing a surge in debt charge-offs, says Odysseas Papadimitriou, CEO of CardHub.com.

Credit Card Debt Relief Bailout: Consumers Benefiting (Marketwire)
Consumer Credit Card Debt Balances Continue to Drop as Thousands Take Advantage of New Credit Card Debt Programs; TotalDebtRelief.net Explains

Credit Card Debt Relief Bailout: Consumers Benefiting (Marketwire via Yahoo! Finance)
MIAMI, FL--(Marketwire - 03/04/10) - Consumers and businesses from coast to coast have been taking advantage of credit card debt relief programs in droves in recent times, helping to bring the overall total consumer debt down by $1.73 billion at the end of the past year. The new generation of credit card debt relief programs differs in many ways when compared with credit card debt relief ...

Credit card debt 'rising' (Channel 4)
The Government has warned about the threat of the country's rising credit card debt. Lord Faulkner of Worcester, for the Government, said that the latest Bank of England figures showed that in January people owed a total of £61.5bn to credit card companies.

Lower debt due mainly to charge-offs (The Clarion-Ledger)
Americans cut more than $93 billion in credit card debt from 2008 to 2009. Good news, right? It's not what it seems, according to an analysis of federal data by CardHub.com, a credit card comparison website.

Cut Credit Card Debt: An 11-Step Program (TheStreet.com)
If you've let your credit card debt pile up, here's how to cut it down.

Know law or cut up credit cards (The Buffalo News)
WASHINGTON--“Credit card debt, does it ever end?” That's a haunting line delivered by comedian Amy Poehler in a 2006 “Saturday Night Live” skit also featuring Steve Martin and Chris Parnell. The sketch was brilliantly and simply titled “Don't Buy Stuff You Cannot Afford.” (You can view it on www.Hulu.com ). So here we are in 2010, contending with a new law that assists ...