Here’s a few more weekend headlines on the credit card law changes that take effect Monday:

MonroeNews – Credit card confusion and Key terms of new card law
CNN – Banks nervously await new credit card law
Michelle Singletary / The Color of Money – Beware of loopholes in new credit card law

The new credit card rules that are taking effect might lead to some discussions in your family about parents co-signing a credit card with the teens or young adults. Is it a good idea in your circumstance?
Here are two articles to read first.

MSN Smart Spending – Should you co-sign for your kids’ credit card?
No More [...]

CNNMoney is reporting on a situation that would have been very unusual years ago, but is becoming common now: Paying credit cards outweighs mortgage.
A snippet:
In the past, strapped consumers typically would let their credit cards slide and make sure their mortgages were covered, said Sean Reardon, the study’s author and a consultant at the Chicago-based [...]

When did you last check your credit report?
You can do it at annualcreditreport.com.
It won’t cost you anything to go through that web site if all you want to do is check the credit report for mistakes or inaccuracies. Each of the three participating credit bureaus allow you to request one free credit report a year.
Do [...]

A divorce decree doesn’t mean the end of financial matters with the ex-spouse.
CreditCards.com has this report from Sally Herigstad: When your ex doesn’t pay on joint account.

Don’t count on that credit card limit to bail you out of a job loss or pay cut. In this economy, even those with good credit are finding those options limited as financing companies bump up interest rates and cut back on credit lines.
ABC News has this report: Credit card companies change limits, change lives.
A [...]

The Red Tape Chronicles at MSNBC has started a How to save money series.
Today’s installment is a very detailed report on How to save money on credit card bills.

USA Today has this report: Consumers cut credit payments, struggle to pay bills.
A snippet:
Data released this month show that the credit card payment rate — the percentage of outstanding card debt paid — fell by 2.5 percentage points to 16.1%. The drop in November, the latest month available, is among the largest on record, according [...]

The Washington Post has this article at MSNBC: Expect less junk mail as marketers cut back.
A snippet:
“People who have good credit don’t need another credit card,” said Barry Kassel, chief executive of RTC Relationship Marketing in Georgetown. “And other people are overextended. It’s an over-commoditized category in which anybody who passes a credit screening pretty [...]

Business Week has this story posted at MSN Money: The next meltdown – credit cards?
A snippet:
To get ahead of rules that would hamper their ability to re-price accounts, for example, many companies are jacking up interest rates. A survey of major issuers by advocacy group Consumer Action found that 37% of companies had raised rates [...]

MSNBC has this report today AmEx rates credit risk by where you live, shop.

A snippet:

Ed Mierzwinski, federal consumer program director with the U.S. Public Interest Research Group, said, “There’s no question that this type of behavioral score is used by everyone. They just don’t like to admit it. … It sounds like American Express [...]

If you’ve been relying on a credit line or credit card to help you out with monthly expenses, or expect to be using credit when Christmas season approaches, pay close attention to any mailings you get from your financing company and make sure you look at every line on the statement.
CNN reports today on the [...]

The Monroe Evening News had a Financial Q&A on the front page and at monroenews.com today. Here is the article:
Markets soared early today on news that the federal government will rescue banks from their bad debt. The plan, which still is being worked out, raises some questions:
Q: Who would pay?
A. There clearly would be some [...]

Richard Eppstein from the Toledo Better Business Bureau wrote this article, which was published in Sunday’s print and e-editions of The Monroe Evening News:
Has debt become a quagmire in your life, bogging down your standard of living?
Difficult economic times often can magnify a household’s debt burdens, especially if a wage-earner loses his or her job.
Here [...]

Have you been reading the fine print on your credit card statements lately?
ABC News has this report: Credit cards – the next financial crisis?
A snippet:
In the last two weeks, major credit card players like American Express, Capital One, Citigroup and Bank of America have all reported larger losses from unpaid card bills. …
The bank’s careful [...]