You might think that as unemployment rises and a larger percentage of Americans start to tighten up their budget, that credit card delinquency rates would go up.  

The credit card industry remains to be one of the hardest hit sectors as unemployment rates continue to rise with no respite seen in the near future.

Consumers have seen huge increases in their credit card rates and fees in the last month, as bank try to gather as much revenue from their credit card services as possible before legislation goes into effect

We have found that many big lenders, facing rising defaults and new regulation that would hurt profit, have started introducing ways to offset loss of revenue from consumers.

Nowadays, the wealth of a person is not evident through the watch around his wrist, the tie around his neck or the shoes on his feet, but by the plastic in his wallet. A credit card often represents a person's spending ability and credit history.

With today's reward credit cards, it seems cash back is the new black.  If you are in the market for a new cash back rewards card, then the Discover More Card is worth taking a look at.

If it seems like someone has made a mistake, we assure you it's not us. NBC San Diego news reported that First Premier Bank of Sioux Falls, SD, is offering a credit card that charges an interest rate of 79.9%.

It appears that even with the sweeping reforms in the credit card industry scheduled to go into effect as early as December 1 this year, consumers have yet to see the last of the credit card fees and charges that are costing them dearly.

Bank of America and Wells Fargo in separate and very different announcements declared their position on credit card rates ahead of the new Credit Card Law.

Using credit cards have become an essential part of everyday life for many consumers.