Target said Thursday that credit and debit card account information for 40 million of its customers may have been stolen during the height of the holiday shopping season. See Video

TJMS

Roland Martin talks with financial wiz Deborah Owens about what you can do to become credit card savvy and overcome debt.

Visa and MasterCard are poised to pass on merchant surcharges to the consumer every time you swipe your card, something to the tune of $.35 and up per transaction. Ok so what’s $.35, a lot because it adds up, quickly. This means I and other frugal consumers will opt not to make certain purchases or carry cash […]

VIA MYFOXDC: WASHINGTON – The average American is carrying about $1,100.00 of debt per credit card, according to Experian Marketing Insight, and most of us have more than one. Now get this: a $3,000 balance will take 11 years to pay off — if you pay only the minimum balance. That’s the shocking statistic that […]

VIA CONSUMER REPORTS: Whether by choice or necessity, American consumers are increasingly relying on debit rather than credit cards. Debit card spending has risen steadily, growing from 47.7 percent of purchases made with plastic in 2003 to 58.9 percent in 2008 and it is expected to surpass 67 percent by 2013, according to the Nilson […]