Feeling overwhelmed? Make your debt payments more manageable.
Debt settlement is not an option to take lightly, but could be considered in certain situations.
Even in times of interest rate uncertainty, a certificate of deposit (CD) can still be part of your cash strategy.
Even as the growth of student debt stirs debate on everything from whether the government should move to ease borrowers' burden to the ability to discharge obligations through bankruptcy, some banks are jockeying for position to lend to ...
Can you have too much of a good thing? When it comes to credit cards, maybe not. Consumers with good credit are seeing an influx of generous rewards offers, even as overall card offers dropped 30% in the first quarter of 2012 as issuers took ...
After years of hype and occasional blowups, the "peer-to-peer" lending market, which connects borrowers with mom-and-pop lenders, is starting to attract professional investors.
Forget rewards points and cash back. Some credit-card issuers are touting low rates, simple fees and other "plain vanilla" features to attract credit-wary consumers.
Julie Barth's prayers were answered when a doctor in Crystal Lake, Ill., told her in vitro fertilization might get her pregnant. But he didn't stop there, referring her to a "fertility finance" company that lent her ...
American Express Co.'s cardholders will be able to sign up for merchant deals through Twitter, in the lender's latest move to tap social media to spur spending.
Deere has been getting plenty of traction lately. The world's largest maker of farm machinery, with fast-growing construction and forestry units, Deere (DE) has put up seven straight quarters of record earnings. It has substantial growth on ...
For homeowners who have been waiting for interest rates to fall even further before refinancing, it might be time to pull the trigger on a deal. Rates are moving up—and could stay higher for a while, experts say.
America is back. You can tell because Americans are maxing out their credit cards again. Household debt grew at an annualized rate of 0.25% in the last quarter of 2011, according to the Federal Reserve's flow-of-funds report released ...
DENVER (MarketWatch) — Mark Mensack joined Morgan Stanley in 2008, landing an $873,000 signing bonus, but now he’s in personal bankruptcy and just moments away from losing his home in Cherry Hill, N.J.
Editor's note: Starting over after a financial setback like a divorce, job loss or the death of a spouse can be challenging. The Wall Street Journal Guide to Starting Fresh seeks to put you on the road to recovery one step at a time, ...
Your credit score is like a movie: constantly changing until you decide to freeze a frame. Your score, which lenders use to assess your bill-paying ability, is in a constant state of flux and will vary from one credit company to the next. In ...
Banks and credit-card companies are giving out record rewards to people who sign up for their cards as competition for well-heeled customers reaches a fevered pitch.
CHICAGO (MarketWatch) -- Global Payments Inc., the Visa and MasterCard processor at the heart of a major security breach, said Monday that the event was under control and affected no more than 1.5 million North American accounts.
Being underwater on your home is bad enough. But owning a home that is worth less than what you owe on your mortgage also may mean that your lender is keeping a wary eye on you.
If Wall Street's stock tips were reliable, portfolio selection would be easy. Investors could simply load up on Apple because analysts give it more positive ratings like "buy" and "outperform" than any other stock, ...
The tax treatment of frequent-flier miles is at center stage following the disclosure that thousands of Citibank customers received notices in January that miles they received for opening new accounts last year produced taxable income.
Homeowners who have resisted the urge to refinance their mortgages until now could be rewarded for their willpower. Mortgage rates have fallen to new lows—and banks are rolling out incentives to win business.
Subscriber Content Read Preview
Donald Trump has avoided what could have been a big problem for one of his most valuable office buildings in New York, partly by taking advantage of the downtown's transformation away from being a citadel for the financial industry.
A galaxy of new web tools and games have popped up that are designed to teach children about "financial literacy"—the buzzword for the stuff you are supposed to know to stay out of debt and save enough for retirement.
Jason Scherr had a lot on his mind the day after he opened his fifth Think Coffee shop in Manhattan last week. The fan was blowing too hard, the classical music was playing a little too loudly—and he was trying to figure out how to get more ...
Save more. Borrow less. There's a reason these two simple-sounding goals land on our lists of New Year's resolutions year after year: We never seem to make any headway with them.
Personal loans fell out of favor during the financial crisis. But they are starting to make a comeback at lenders such as Wells Fargo, Discover Financial Services and TD Bank.
Billing disputes with credit-card companies topped the list of more than 5,000 complaints lodged with the new U.S. government agency charged with enforcing federal consumer financial laws, according to data released Wednesday.
A personal bankruptcy is supposed to cut borrowers loose from lenders and debt collectors, but Capital One Financial Corp.—one of the nation's largest credit-card issuers—sometimes doesn't want to let go.
A new way to help boost your credit history and score: Factor in your rent. Last December, credit-reporting company Experian started including rent-payment history in its credit reports, says Brannan Johnston, vice president and managing ...
Subscriber Content Read Preview
In another sign that the credit freeze is thawing, the Federal Reserve said Americans ramped up their borrowing at the end of 2011. Household borrowing through credit cards, car loans, student loans and other installment debt—which excludes ...
"Manage debt" and "save money" are routinely among the top New Year's resolutions as tracked by the federal government. Consumers looking to achieve those goals both may find extra help in the form of a few much ...
BOSTON (MarketWatch) — We were all taught as children that patience is a virtue. No one said it’s good for our credit scores too. It might seem obvious — those who have patience don’t feel the compulsive need to use credit to get something ...
BOSTON (MarketWatch) — Go to any investment conference and you will hear famous money managers make recommendations, as a starry-eyed audience writes down the names, and you know that a number of those people are going home and blindly ...
No one was more surprised than Thomas Carpenito with the credit-card invitation that landed in his mailbox earlier this year. The 27-year-old deli owner from White Plains, N.Y., had about $10,000 in old debts and a credit rating 200 points ...
The Game Plan takes a look at how individuals and families are saving for retirement—and then asks financial advisers to comment on those strategies. You're invited to share your own retirement-savings plans by sending an email to ...
In this age of hurricanes, tsunamis, market crashes and banking crises, it isn't any wonder that people are feeling insecure. Companies are responding by rolling out a raft of newfangled insurance policies designed to protect against ...
Here's a wake-up call for state-tax scofflaws: On Oct. 4, California Gov. Jerry Brown signed a bill requiring the Golden State's motor vehicle department to suspend the driver's licenses of its worst delinquents.
Treasury bonds are dead. Long live Treasury bonds! Moody's Investors Service and Standard & Poor's this week said they might downgrade the credit rating of the U.S. if Congress doesn't raise the debt ceiling soon—a move ...
Glamour stocks might be losing their glow. Amazon.com, Netflix and Apple have each more than quadrupled in value over the five years through September. But their shares have tumbled of late because of shriveling profit margins, subscriber ...
Subscriber Content Read Preview
The move by Standard & Poor's to cut the U.S. credit rating adds more uncertainty to markets already beset by concerns about a slowing economy and the debt crisis in Europe. Here's what investors need to know before the market ...
With tuition bills due in a few weeks, a growing number of banks are offering stretched parents and students new, fixed-rate loans that promise protection from the specter of rising rates -- for a price.
Subscriber Content Read Preview
Forget hauling clothes and furniture. An even bigger challenge for parents and college students awaits: teaching the little darlings how to handle money.
It's been less than a week since Standard & Poor's stripped the U.S. government of its triple-A rating and already consumers are starting to feel the effects, in the form of rising interest rates on many loans.
It's getting pricey at the pump. The average price for regular unleaded gasoline was $3.81 at the end of last week, up $1.05 from a year ago, according to AAA's Daily Fuel Gauge Report. And the Energy Information Administration ...
Bonuses are back for travel-reward cards. So many credit-card companies are offering deals and perks right now that frequent travelers may want to re-evaluate whether they should switch their card allegiance.
Subscriber Content Read Preview
This summer offered little respite for nervous investors. A fusillade of big news events rocked markets. Shares made huge daily moves, and big existential questions popped up with alarming frequency.
Subscriber Content Read Preview
BMW AG's multibrand fleet management division Alphabet acquired the car-leasing unit of Dutch financial services group ING NV for €637 million ($915 million) as part of the German luxury-car maker's wider effort to expand in the ...
Subscriber Content Read Preview
With interest rates remaining stubbornly low, a number of banks are trying to breathe life into a savings product that has been out of favor with consumers for years: the certificate of deposit.
Subscriber Content Read Preview
U.S. banks are bombarding consumers with some of the most lucrative credit-card offers in years. But many of the goodies are being dangled at affluent people who have plenty of plastic already.
NEW YORK—In a move that could discourage some merchants from accepting debit cards for small transactions, Visa Inc. and MasterCard Inc. are raising the fees merchants pay for small-ticket debit purchases, according to analysts.
SALT LAKE CITY (MarketWatch) — I’m an idiot. After watching the “60 Minutes” expose of insider-dealing by members of Congress, I’m left wondering (not for the first time, I might add): Why on Earth did I choose journalism as a career? Watch ...
Borrowers breathed a collective sigh of relief when the Federal Reserve said earlier this month that it would hold interest rates at rock bottom for the next two years. But savers were far from happy.
Ilana Greene, a Chicago-based freelance writer, contributed to this report. SAN FRANCISCO (MarketWatch) — On a safari in Kenya, Dylan Higgins pulled out his credit card to pay for himself and his family — and so the tourism workers hauled ...
The Senate rebuffed the most significant attempt so far to roll back the Dodd-Frank financial-overhaul law, in a blow to banks and credit-card companies that had fought against new debit-card rules that they say will cost them billions of ...
It used to be that Neiman Marcus's glossy-page snob appeal didn't stop at what you bought. It extended to how you paid. Cash or American Express was fine. But it was much preferred that you use your Neiman card, please.
WASHINGTON—The Federal Reserve and Federal Trade Commission finalized rules that could make it easier for U.S. consumers to obtain free credit scores from lenders.
With interest rates near rock bottom and home prices down, this ought to be a great time to buy a home. But for most people, it's a lousy time to get a mortgage.
A group of four U.S. Senate Democrats, including New York's Charles Schumer and Florida's Bill Nelson, urged the Federal Reserve today to crack down on the marketing of business credit cards, which don't come with many ...
You'll find some of the best deals in years on cars this fall. Incentives are up on some 2011 vehicles because U.S. auto makers have a glut of inventory. And their Japanese counterparts are trying to regain market share after a ...
You've heard of black swans—events that are unthinkably rare, immensely important, and as unpredictable in advance as they are inevitable in hindsight. Now, with no one ruling out a default or downgrade of U.S. Treasury debt, investors ...
Few new financial rules have been as controversial as the limit on debit-card "swipe" fees. The impact of the rule will be a lot clearer on Wednesday when Visa Inc. gives its business update.
General Electric honcho Jeffrey Immelt and American Express boss Ken Chenault laid out some embarrassingly lame ideas for U.S. job creation last week.
Want a free trip to Paris? Just sign up. Hard-core collectors of frequent-flier miles are turning credit card sign-up bonus offers into vast stashes of miles, points and expensive trips by opening new card accounts by the dozen. Some ...
Quoted: "There is no chance that the major countries of Europe will let their institutions be at risk in the eyes of the market. "There's not a chance. In fact, I remember the chancellor of Germany saying to the president of ...
Subscriber Content Read Preview
When a guy named Vladimir calls you a vampire, it's time to look in the mirror and see if you still have a reflection. Russian Prime Minister Vladimir Putin said it last week as the U.S. wrestled with its debt-ceiling crisis.
Shopping malls, once a hub of suburban commercial life, are rapidly losing ground to online shopping and off-mall locations. The empty storefronts make malls less appealing for consumers and create a ripple effect, says Philip Martin, a ...
SAN FRANCISCO (MarketWatch) — Citigroup Inc. said Thursday it plans to issue replacement credit cards to customers who might be affected by a security breach in which someone got access to personal information from tens of thousands of ...
Subscriber Content Read Preview
As worries grow about the euro zone's sovereign-debt crisis, U.S. money-market funds have cut investments in the region's banks and shifted money to financial institutions in Norway, Sweden and Canada.
With mortgage rates at a 50-year low and banks near his Brookline, N.H., home touting offers of 4% or less, Tom Rogers thought it would be a perfect time to refinance.
Reloadable prepaid cards are magic bullets to help overspenders and those who steer clear of banks. But they won't build your credit and can cost you plenty in fees if you're not careful.
Subscriber Content Read Preview
As the debit-ceiling debate rages on, there are signs of strain in the municipal-bond market. While there's no reason for panic, say advisers and money managers, investors would be wise to think defensively and be ready to make a move ...
WASHINGTON (MarketWatch) — A legislative measure that would have delayed and curtailed a Federal Reserve debit-card interchange-fee reduction rule was rejected by the U.S. Senate Wednesday afternoon.
With mortgage rates at a 50-year low and banks near his Brookline, N.H., home touting offers of 4% or less, Tom Rogers thought it would be a perfect time to refinance. But in spite of a solid credit score, after an exhaustive survey of ...
Subscriber Content Read Preview
DENVER—President Barack Obama unveiled a plan Wednesday to ease the burden of student debt, speaking in personal terms about the high cost of college.
Scan the list of the worst-performing mutual funds of 2011, and you will run across a slew of formerly highflying fund managers whose picks have crashed and burned.
These days, the full faith and credit of the U.S. government may not be enough to impress the credit-raters at Standard & Poor's, Moody's Investors Service and Fitch Ratings. All three firms have placed the U.S. on watch for a ...
Subscriber Content Read Preview
Warren Buffett likes cheap stocks. Right now, he doesn't need to look far to find one. His company, Berkshire Hathaway, has slid in the last three months, making it one of the more striking values in the stock market. Indeed, some ...
In the history of rapid wealth loss, Patricia Kluge stands apart. Once married to one of America's richest men, she won a divorce settlement in 1990 worth more than $100 million and proceeded to spend it on her lifestyle and business ...
An invitation to join the ranks of gold- and platinum-card holders isn't the exclusive privilege it once was. Issuers are offering more of these cards, to a wider range of people. The question now: Do you still want one?
Subscriber Content Read Preview
NEW YORK—Discover Financial Services has reached an agreement to buy a $2.5 billion student-loan portfolio from Citigroup Inc., a follow-up to last year's deal in which Citi sold its 80% stake in Student Loan Corp. to Discover in a ...
Subscriber Content Read Preview
WASHINGTON—The White House is considering nominating Raj Date, a key adviser to Elizabeth Warren, to head the new Consumer Financial Protection Bureau, according to a person familiar with the matter.
"Digital wallets" that let consumers pay with the swipe of a smartphone could make the plastic credit card obsolete. But the technology also could chip away at consumers' privacy—and tempt them to spend more than they ...
The news is getting ridiculous. How ridiculous? Well, it's like: Congress raging about the debt ceiling, doing nothing about unemployment, foreclosures or the economy, then taking a vacation.
Subscriber Content Read Preview
Everything seems a bit crazier than usual in the markets these days. In such a climate, contrarians see opportunity. There is no shortage of drama. The Greek debt crisis has receded a bit, but it remains very much in the news. China is ...
With summer around the bend, investors are fretting about the return of something much more unpleasant: the bear market. Suddenly, there are reasons for worry that stocks could be entering a difficulty period, including suddenly poor ...
Everyone loves surprises. But perhaps you shouldn't get too excited over them. This month, market strategists, television commentators and other investing pundits will bombard you with breathless updates on the percentage of companies ...
WASHINGTON (MarketWatch) — Starting Thursday, if you have a complaint about your credit card, you’ll be able to call the Consumer Financial Protection Bureau’s new toll-free hotline.
With interest rates remaining stubbornly low, a number of banks are trying to breathe life into a savings product that has been out of favor with consumers for years: the certificate of deposit.
As anticipated, the "Google Wallet" is on its way: By fall at the latest, shoppers will be able to replace cash, credit cards and even a driver's license with a wave of their phones. But for many consumers, today's ...
Financial stocks have been laggards this year, clobbering some diversified mutual funds that hold large stakes in the sector. But a couple of funds with hefty weightings have managed to defy that trend.
THIS WEEK Fiscal Blues: Alabama's Jefferson County could file for the largest bankruptcy in municipal history if it doesn't reach an agreement with creditors by Thursday.
Should you finance your plastic surgery with plastic? Credit-card issuers are stepping up their marketing of health-care cards and lines of credit that help borrowers finance costly elective medical procedures. The cards, which typically ...
Meet the world's most financially self-controlled man. Pete D'Arruda says he has more than $300,000 in available credit, thanks to some 25 Visas, Mastercards, and individual store, airline and gas cards -- about $12,000 a card.
Subscriber Content Read Preview
AMSTERDAM—Bailed-out Dutch financial giant ING Groep NV confirmed that is looking to sell its European car-leasing unit. The Netherlands' largest financial company by assets said in a statement that it is "reviewing strategic ...
It isn't easy buying stocks after the market craters, as it has recently. But the market has rarely looked so appealing in recent decades.
If you're a victim of identity theft or are just trying to prevent it from happening to you, a new website offers a variety of resources.
Credit unions increasingly are opening their doors to a broader group of people—and offering deals that handily beat those offered at fee-heavy big banks.
How can you lower your portfolio's risk in a world of rolling government-debt crises? Start by taking a deep breath. Then, see if you need to do some tinkering—but not too much.
WASHINGTON (MarketWatch) — The companies that compile consumer credit reports and scores — the firms people love to hate because they control so much of our financial lives — are set to come under new oversight Thursday.
The movie was called "Air Buddies." It featured talking dogs—and it cost me $100,000. Let me explain. My family borrowed the movie and some books from the local library last year before a trip. We wanted the kids to have something ...
U.S. stocks shed more than 2.5% on Tuesday, as Greece's call for a voter referendum threw a newly inked European debt deal into doubt. This, after October proved the best month for stocks in decades. Head-scratching volatility like ...
Subscriber Content Read Preview
Americans are earning more travel-rewards points than ever—but they also are leaving more of them on the table. In a bid to continue to attract and retain big spenders, airlines and hotels are launching new, more-generous rewards programs. ...
Credit-card issuers are marketing so-called professional cards—formerly reserved for small-business owners or executives—to individuals, a new report says.
A new wedding trend trades "walking down the aisle" for a walk on the wild side.
Technology stocks have rebounded and are once again the darling of the market. Can the resurgence last?
Arends: That 60/40 portfolio of stocks and bonds your adviser is pushing might not work.
The defense contractor faces a tough enemy: potential cuts in defense.