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Visa, MasterCard and some of the largest banks in the country have agreed to pay more than $6 billion to settle a lawsuit that claimed they conspired to fix credit card payment fees. The suit was brought on behalf of seven million merchants. The agreement could have wide-ranging implications for retailers and consumers. Steve Henn talks to Melissa Block.

Credit card delinquencies rose in the first three months of the year. That's a sign of the growing financial stress that some families are feeling in an era of rising prices and high interest rates.

Before the Great Recession, many Americans piled up too much credit card debt. Now, they seem to be a little wiser about using plastic, says the head of the Consumer Financial Protection Bureau.

At a town hall meeting in New Mexico Thursday, President Obama touted legislation designed to protect consumers from fluctuating credit card rules. He also urged Congress to act quickly on legislation to end credit card practices deemed abusive.

Stay on top of your monthly payments and avoid costly fees and interest charges with these smart credit card strategies.

Credit card perks are being subsidized by people who have less, argues Chenzi Xu, a finance professor at the Stanford Graduate School of Business.

Americans paid an estimated $1 billion in interest on medical debt in just three years, a federal agency finds. This includes use of credit cards often pitched in doctors' and dentists' offices.

As of Monday, Costco has officially moved on from its 16-year relationship with American Express and is now partnered with Visa.

Harvard Law Professor Elizabeth Warren is an expert on bankruptcy and is an outspoken critic of consumer lenders. Warren is also the author of The Two-Income Trap: Why Middle Class Mothers and Fathers Are Going Broke.

Apple wants to change the way you pay for things. Credit card companies are embracing its new mobile payment system as a boost to security, but analysts say Apple could disrupt the payments industry.