Mellody Hobson is president of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate accounts.  Additionally, she is a regular financial contributor and analyst for CBS news and CBS.com. Skip: You are joining us this morning to talk about credit card debt, correct? […]

  Tom: Good morning Mellody! What are we covering today?  Mellody: Good morning. Today we are talking about credit card debt, Tom. Over the past 6…

National

Interested in making a big purchase like a house or car, but your credit report is marred by a history of late credit card payments?…

Maintaining great credit is a key to financial freedom. Many of us become entrenched in credit card debt because we do not stay ahead of…

Indy

Susan McCarthy, a financial adviser in Oklahoma City and author of The Value of Money, lists her top four credit card don'ts: