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How To Handle Your Debt In A Recession

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How To Handle Your Debt In A Recession

Your Money

How To Handle Your Debt In A Recession

How To Handle Your Debt In A Recession

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When hard times hit, Americans can usually fall back on their credit cards for emergency purchases. But in this recession, credit card companies are hurting too. They're passing their pain onto their customers by lowering limits, raising rates and tightening deadlines.

Guests:

Brooke Stephens, financial advisor and author of Taking Dollars and Making Sense

John Ulzheimer, president of Credit.com Educational Services and author of You're Nothing But a Number