“I’m aware I need assistance.” I have a $43,000 debt with my credit card company, and I can’t pay it back. How do I handle this situation truthfully?
Question: “I have $43,000 in credit card debt and I can’t pay it anymore. But I really want to be debt-free. I know I need help. Where should I look and who should I talk to?” Answer: “A nonprofit credit counseling agency would be a great first step. They can help you negotiate with your […]
New perks, greater worth: My excitement to be an Amex Platinum Card member has never been higher.
Exploring the Benefits of the American Express Platinum Card A few years back, I finally decided to add a premium lifestyle card to my wallet. After opting for the American Express Platinum Card®, I realized it was a solid choice. From the outset, the Platinum Card has offered incredible value, making my life as a […]
Liz Weston: Poor customer service leads to the decision to cancel a credit card that’s been held for 44 years
Dear Liz: I came across your column discussing cardholders’ fears about canceling their cards. I thought I’d share my own experience. So, I ordered something online using my credit card, which I’ve had since 1981. Unfortunately, the purchase was fraudulent, and I spent hours trying to resolve it. When I finally managed to reach a […]
Karl-Anthony Towns sells Yoshinobu Yamamoto card for $72,000
Karl-Anthony Towns isn’t lacking in funds, but he does have specific tastes when it comes to his personal card collection. Yoshinobu Yamamoto’s card? Well, it just didn’t meet his criteria. “I’m a big Yankee fan,” Towns mentioned, adding that his collection features a lot of Yankees memorabilia. Recently, he auctioned off an autographed card of […]
Credit Card Defaults, Balances, Debt, Credit Limits, and Collections in the Third Quarter of 2025
Despite concerns, credit card delinquency rates show improvement During the period of easy money, credit card delinquency rates dropped significantly. However, after that era came to a close, rates spiked, peaking in early 2024 before beginning to decline again. Delinquency rate over 30 days The Federal Reserve reported today that outstanding credit card balances across […]
Oura Ring 30% discount: Use your Amex Platinum card (save as much as $350)
Early Oura Ring Sale Announcement While it isn’t quite Black Friday yet, retailers are kicking off some early sales. Notably, there’s a 30% discount on Oura Ring from November 20th to December 1st. If you shop through their website, you can save on four selected styles. This sale includes various titanium finishes like silver, black, […]
How a Visa-Mastercard legal settlement might result in your rewards credit card being declined
Visa and MasterCard Proposal for Settlement in Legal Dispute NEW YORK (AP) — Visa and MasterCard are working on a settlement in a lengthy legal battle with merchants and retailers over transaction fees for card acceptance. This settlement might significantly change how customers use their Visa and Mastercard credit cards, possibly leading to some consumers […]
Merchants’ ‘win’ against credit card fees will only make things more complicated for them.
Local Businesses and Credit Card Fees: A Complicated Relationship Is it really okay to grab a new shirt from a friendly little shop down the street? Well, you might want to brace yourself for an extra 2.5% financing fee just because you’re using a credit card. Eating out at a local diner? You might face […]
A Single Dad Has $140,000 In Credit Card Debt With Interest Rates Reaching 32%. Dave Ramsey Host Asks, ‘Can You Bring Your Child Along When You Do DoorDash?’
Single Father’s Debt Struggle A single father in Los Angeles, named Dave, reached out for help after discovering “The Ramsey Show” just days before his call. He shared that three years ago, he faced a major crisis that resulted in accumulating $140,000 in credit card debt. “No regrets,” he said, emphasizing he’d make the same […]
Investigation into credit card spending by Daytona Beach officials
Concerns Over Public Spending in Daytona Beach Daytona Beach City Hall is raising questions about the use of public funds. City Commissioner Stacey Cantu recently came across some questionable charges on a city-issued credit card, known as a P-Card, and has called for an investigation to determine who is using the card and for what […]