Credit card debt at an 8-year low

Consumers shed debt ... a little
Consumer borrowing fell slightly in the second quarter, as household debt continues to unwind, albeit at a slower pace.

Citi boosts mortgage help as delinquencies rise
The good news is that Citigroup helped 108,000 people avoid foreclosure during the second quarter, a nearly 30% increase from the previous period.

Credit card relief: Phase one
Consumers struggling with credit card debt will start to see some relief Thursday as the first steps of the Obama administration's industry overhaul go into effect.

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