Credit card debt fell again in July for 23rd straight month

Good news for consumer debt but bad news for the U.S. economy: Credit card use fell in July for 23rd straight month, the Federal Reserve just ...

Bad Credit No Problem For Corporate Borrowers

With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this year they look like they're part of a parallel universe, The Associated Press reported.

Bad credit not a problem for corporate borrowers

NEW YORK -- With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this year they look like they're part of a parallel universe.

Expert: In U.S., Student Loans Trump Credit Card Debt

Americans now owe more in student loan debt than they do for all credit card debt, according to a recent report published by the financial aid information website FinAid.org. Host Michel Martin talks to Mark Kantrowitz, publisher of the research, about why student loan debt has hit a record high

Bad SCF decisions 'before scheme'

The majority of South Canterbury Finance's problem lending took place before it entered the Government's deposit guarantee scheme, Finance Minister Bill English claims.Responding to a call by opposition parties for a full inquiry...