New York -- Credit card companies are offering new cards aimed at regaining customer trust in advance of the U.S. credit card reform law, market analysts said.

New Jersey, August 18:In what is being touted by the U.S. Justice Department as “the single largest hacking and identity theft case ever prosecuted” a former Secret Service informant Albert Gonzales and his two accomplices have been charged with allegedly stealing 130 million credit and debit card accounts from major retail chains.

Credit card issuers generally do not disclose much information about their product. There are many myths about credit cards in the market, and believing in one can cost you dearly. The best thing to do? Know these myths and get wiser.

Washington -- U.S. banks are raising credit card rates and fees as fallout from the recently passed credit card law, an industry lobbyist said.

Washington -- The U.S. House Wednesday overwhelmingly OK'd credit card reform legislation that would require plain contract language and notice of interest rate changes.

Remember 2007? We called this the "subprime mortgage crisis," assuming the risks were contained to one relatively small section of the economy.

Melbourne, March 24: A new study from the University of Melbourne has exposed the financial vulnerability of the middle class, stressing that debt was a mainstream problem with personal bankruptcies surging to 12.2 percent in the last six months of 2008.