HOUSTON, July 23 /PRNewswire/ -- A notification program began today as ordered by the United States District Court for the Southern District of Texas (the "Court"), to alert anyone in the United States (including the District of Columbia) who had or has a payment card (credit or debit) that was used in the United States from December 26, 2007 to December 31, 2008 (the "Settlement Class Period ...

Interest rates pulled back from record levels this week, although cardholders may not have much reason to cheer.

So here we are in 2010, contending with a new law that assists many cardholders now that they've used money from lenders who imposed policies that helped keep them in debt for stuff they couldn't afford.

“Credit card debt, does it ever end?”That’s a haunting line delivered by comedian Amy Poehler in a 2006 “Saturday Night Live” skit also featuring Steve Martin and Chris Parnell.The sketch was brilliantly and simply titled “Don’t Buy Stuff You Cannot Afford.” (You can view it on Hulu.com).So here we are in 2010, contending with a new law that assists many cardholders now that they’ve used money ...

In a few weeks, new rules will take effect for credit card companies that are intended to help consumers, but some say they may end up costing cardholders money.