Weighing each debt relief strategy's benefits and drawbacks could help you find the right fit for your situation.

The U.S. government's debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...

A debt collector refusing payment can feel frustrating when you're trying to take responsibility. But remember, debt collectors are playing a financial game, and you need a strategy to win it.

Ben Harris is director of economic studies at the Brookings Institution and the former chief economist at the Treasury ...

When you buy something by clicking links within this article, we may earn a small commission, but it never affects the ...

U.S. payments on debt spike to $659 billion, ... Japan has had no trouble continuing to print money despite owing more than twice as much debt as a share of its economy as the United States ...

Government-mandated payment pauses and extensions are set to come to an end in early 2025.Borrowers will soon resume making monthly student loan payments, and some may be looking to find ways to ...

Ukraine has incurred a sovereign credit default after electing not to make payments owed Monday to holders of $2.6 billion of its debt securities. Ukraine’s Finance Ministry said last week the ...

High interest rates can make it difficult for you to finally be debt-free, especially if you have several payments to make and can only afford to pay the minimum balance each month. Because that ...

He’d been dutifully making payments toward his $185,000 in student debt, then stopped during the pandemic-era pause. And he hasn’t started making payments again.

For example, new unpaid medical bills won't be added to a credit report for 12 months, compared to other debt which is added to the report within 60 to 120 days. But if you use a credit card to ...

Student loan debt can feel like it will take an eternity to pay off. The standard repayment plan offered for federal student loans is 10 years — and many other plans extend long beyond that.