High credit card balances and steep interest rates are pushing more people to consider debt settlement, but programs are not ...

The Education Department has suspended certain collections efforts for student loans, giving borrowers some breathing room.

A Detroit-area caller feared wage garnishment after appearing in court over a $7,000 credit card lawsuit. Amber, an ...

Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

CreditNinja reports that about 41% of working-age Americans (72 million) have medical debt, affecting lower-income and ...

Virginia has earned the grade of a ‘D’ in a report from the National Consumer Law Center (NCLC) for failing families from wage and asset seizures.

Not all emergency cash sources are created equal. Some protect your future while others quietly erode it with triple-digit ...

A background check can sink a job offer if prospective employers don’t like what they see. While they can request to have a lot of information about a job candidate’s past included in such a report, ...

The 48-hour debt collection rule is shaking up the financial world, speeding up account freezes, and demanding new levels of ...

Loan loss provisions — the allowance banks set aside to cover bad debt — is a key data point to watch regarding consumer ...

China's financial regulator has extended a policy allowing banks to transfer bad personal loans in bulk until the end of this year, said two sources with knowledge of the matter, as lenders grapple ...

Since the start of 2023, Nevada has written off more than $106 million in so-called “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada ...