Now that the Consumer Financial Protection Bureau is officially up and running, complaints about credit card companies will be collected by one single government agency. While complaints are limited to credit cards at this time, the CFPB does plan to ramp up its efforts as more employees are hired to handle issues with debt collectors, student loans, mortgages, and more.

If you recently applied for a no interest credit card and plan to use it to initiate a balance transfer, don't sit on your laurels for too long once the new card arrives in the mail. You certainly don't want to miss out on the 0% interest promo just for being too slow to the punch!

Most credit cards have more than one APR. However, credit issuers tend to focus their advertisements on just one—attractive introductory APRs that usually last for 6-12 months after a new card is issued. But while promotional interest rate periods for no interest credit cards can certainly be enticing, it's really important to understand what will happen to your APR once the promotional period ends.

Debit card issuers can no longer charge hefty overdraft fees unless you opt into their overdraft protection service. And much to their dismay, customers haven't been signing up in droves. So how are they making up for the lost overdraft fee revenue? New fees, of course.

But shouldn't debit cards be "free" to use in the first place? Well, in the past, debit card users grew accustomed to using their cards as a transaction-free method of payment. However, more and more consumers are now reporting the appearance of annual fees and/or transaction fees on their bank statements.