More than ever, credit card companies are ready to negotiate with borrowers who are in over their heads. But know your options before you commit.

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Credit card debt: How to cut a deal

$1,200 legally yanked from savings accounts drove one man from his bank. Lower interest rates on credit cards and fewer fees attracted others to credit unions.

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Converts sing praises of credit unions

New federal credit legislation offering more protection for consumers takes effect. Analysts say the changes have long been needed but still have flaws.

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The CARD Act: What you need to know now

If you’re not doing all you can to keep your credit scores high, you’re borrowing trouble — and you could pay a very heavy price.

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Lifetime cost of bad credit: $201,712

Welcoming those cornered by bad credit, rent-to-own stores are thriving. But the costs of their convenient payment plans are equivalent to sky-high interest rates.

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Rent to own: Impatience has a price

The Credit CARD Act means big changes in the ways issuers deal with their customers, and many of the old rules of credit card use are being rewritten.

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Future of plastic: 5 credit trends

Even if you have stellar credit or pay your balances every month, it’s a good idea to review your credit cards’ terms. The rules of the game are changing.

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5 smart credit moves before Feb. 22

Credit card reform is prompting issuers to water down their rewards programs. While the well-off will be wooed, the rest of us will face petty new fees and other gotchas.

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Credit card rewards: 4 new traps

Sometime after Feb. 22, when 2009’s credit card reform law begins to take effect, you’ll see changes on your monthly statements. The new format might tell painful truths, but it’ll be good for you.

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Coming soon: Clearer credit card bills

With post-crisis credit still tight, you’ll need to work harder to demonstrate you can handle a mortgage. Jump through these 5 hoops to prove you’re worthy.

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Buying a home? Make lenders love you