U.S. consumers ramped up borrowing in December. Consumer debt outstanding rose at a seasonally adjusted annual rate of 9.3% from November to $2.498 trillion.

A Delaware bankruptcy judge on Tuesday approved a private equity firm's $30 million offer for an alternative energy company that failed despite a $39 million government loan.

U.S. credit-card debt posted the second solid increase in a row during December, an indication Americans stuck with meager wage gains borrowed to pay for their holiday celebrations.

A report released Tuesday by the National Association of Consumer Bankruptcy Attorneys shows that more and more graduates and parents are turning to bankruptcy as their final option to deal with mounting debt.

If you have a large amount of credit card debt and you're looking to pay it down, you're probably in the market for a card with a great introductory offer that will let you transfer your existing balance.