The Emue Credit card is an innovation by EMUE Technologies that seeks to reduce fraud related to credit card transactions online. The company estimates that it could save consumers up to $1billion yearly with its innovation.

In July 2008, hackers broke into a computer at Wyndham Hotels. They stole tens of thousands of customer credit card records, including guest names, card numbers, expiration dates and highly sensitive data from the cards' magnetic stripe.

According to a recent Thinking Money report, increases in UK credit card fraud rates are changing the way credit card companies market their products to consumers.

CNN Money is reporting Consumer credit falls a record $11.1B, more than three times analysts' estimates. Consumers are borrowing less.

Appearing today on Today Show personal finance guru Suze Orman tells individuals and families that having an eight month emergency fund is more important than paying off the credit card debt.

The House of Representatives overwhelmingly passed the Credit Cardholders' Bill of Rights this afternoon, and the Senate is next. The vote was 357 to 70, and we haven't seen too many votes like that in Congress these days.

Riding on the coattails of the growing unpopularity of credit card companies, President Obama voiced his support, on Thursday, behind legislation that would limit the ability of credit card issuers to impose higher fees and interest rates on consumers. The president said he plans to change the law so that consumers no longer face confusing fine print or sudden increases in their interest rates or fees.

Having long argued that credit card practices need to be cleaned up, this afternoon the President brought representatives from the credit card industry in to talk about the need for greater consumer protections, a need made all the more urgent by the economic crisis.

It seems like every news source is talking about the recession, stock market crashes, bail outs, and America’s debt problem. One of the contributing factors could be credit card debt and deceptive credit-card industry practices.

Tony and I have been credit card debt free since January of this year. But for the past couple of months, we’ve started using our cards again every month.

One might why are credit card companies being allowed to raise interest rates to an enormous 20% when the economy is in this trouble? It seems that something is moving in the right direction when it comes to cracking down on abusive credit card practices. Today President's economic advise Lawrence Summers tells that Obama is going to target credit card companies that are taking advantage of unsuspecting consumers by charging high interest rates.

One of the issues that brought us to the financial crisis we are now experiencing is debt, including (but not exclusive to) credit cards. A recent study shows that college students not only continue to rack up debt, the amount is increasing.