Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate increases, the Federal Reserve said on Monday. ...more

November 10, 2009

If you wanted to see the disconnect between bankers, who have been accused of hoarding money, and businesses that need loans, the Port of Tampa's Cruise Terminal 3 was the place to be Wednesday. ...more

February 19, 2009

The calls are coming into college financial aid offices daily. "I lost my job." ...more

August 22, 2008

Federal officials are seeking more than $200 million in fines and restitution from CompuCredit and two banks that allegedly engaged in deceptive credit card marketing practices. ...more

June 11, 2008

The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis. ...more

May 6, 2008

Using words like "sluggish" and "deteriorated," Federal Reserve Chairman Ben Bernanke gave a starkly pessimistic assessment of the nation's economy Thursday and signaled that the Fed will cut interest rate cuts further if needed to combat the adverse effects of a prolonged housing slump and a severe credit crisis. ...more

February 15, 2008

Treasury Secretary Henry Paulson said Tuesday the Bush administration is exploring what would be a significant expansion of the program to help at-risk mortgage holders. ...more

January 9, 2008

The Bush administration is working to combat the country's severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson said Monday, adding that a correction in the housing market is "inevitable and necessary." ...more

January 8, 2008

Regional bank National City Corp. said Wednesday it is slashing its dividend by half and shutting its wholesale mortgage division, eliminating 900 jobs, because of weakened housing and credit markets. ...more

January 3, 2008

Frustrated job hunters sometimes call with complaints about pre-employment background checks that include credit investigations. ...more

December 16, 2007