Paying the minimum amount on your monthly credit card tab is like running on a treadmill – you may feel better, but it's not getting you anywhere.
MainStreet gets the scoop from Richard Quigley, a president at JPMorgan’s Chase Card Services, about the firm’s new small business credit card portfolio.
If you're lucky enough to have a credit company forgive a debt, don't forget about the catch that might have you paying big time.
Americans are so rattled by high debt that they’ve begun to shun their plastic, meaning card companies are trying to lure them back with simpler deals.
With the Credit Reform Act on a February 2010 timeline, card issuers are looking for creative ways to paint a profitable bottom line.
Loan modifications for mortgages are commonplace, but now credit card companies are using them to recoup losses.






