Personal Finance Workbook         Free Credit Reports         Free Credit Score


Creditinfocenter Blog header image 4

Banks Propose Credit Card Debt Bailout Plan

November 17th, 2008 · 7 Comments

With the latest numbers from the Federal Reserve indicating that Americans are facing $900 billion in credit card debt, the proposed bailout is probably a case of banks simply attempting to cut their losses. Seeing the writing on the wall as consumers deal with record unemployment rates, skyrocketing home foreclosures, inflated prices for goods and […]

Popularity: 20% [?]

[Read more →]

Tags: Banking · Consumer Debt · Credit Cards