When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

Falling behind on credit card payments is a common issue borrowers are facing right now, but when it happens, it can trigger a chain reaction that's hard to stop. At first, it might mean being charged ...

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Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards. The most important part of ...

A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...

Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several ...