Even the most trusting among us understand that people who are trying to sell us something may not be completely honest. But it still seems like for every scam uncovered and prosecuted, several more are hatched and sprung on unsuspecting consumers.
Still, understanding why we tend to buy into scams may help us avoid them in [...]

The auction web site Swoopo.com may initially seem like a hotspot for amazing bargains – the front page includes products like laptops, digital cameras, and Windows 7 software. And the prices are astonishingly low: with a little more than four minutes left on the bidding clock, a MacBook Pro was going for less than a [...]

We all know that credit is tight right now, which means credit card issuers aren’t bombarding Americans with quite as many free offers for credit cards as they did in years past. Getting credit may be the first step in building credit, but that may not be a good enough reason for you to co-sign [...]

When you’ve decided to stop living with debt, it’s important to have a plan of action. While every financial situation needs its own specific analysis to properly handle, these simple steps will help you tackle your debt and get on the road to responsible spending.

Know your budget. Keep track of all the money coming in—:and [...]

If you’ve fallen behind on debts, your creditors can get to your money even if you refuse to pay them by garnishing your wages. Here are 9 things you should know about wage garnishment:

Wage garnishment can take up to 25% of taxed income for most debts—but up to 65% for failure to pay child support [...]

One of the biggest reforms to the credit card industry goes into effect today, and while the changes may not improve your bottom line immediately, credit-savvy cardholders will appreciate the changes.
The Credit Card Accountability, Responsibility and Disclosure Act of 2009, signed by President Obama in May, helps to prevent abuse by credit card companies. As [...]

Credit card debt is one of the biggest financial strains on the average American. Back when credit was easy to get, credit cards were seen as a badge of honor. These days, many Americans use them as a crutch.

By the end of 2008, Americans had a total of $972.73 billion in credit card debt, and the average cardholder owes more than $10,000.