Debt can become a significant burden on one's financial well-being, causing stress and hindering the pursuit of long-term goals. But despite the many downsides of taking on too much debt, many people ...

Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...

The Social Security Administration (SSA) announced on Thursday that it will immediately resume debt collection activities through the Treasury Offset Program (TOP) that had been paused since 2020. The ...

You may have options if a debt settlement no longer feels right, but the timing, paperwork and payments matter.

When debt piles up, it can start to feel like there's no way out. After all, credit card minimum payments barely chip away at your balances, the interest charges keep climbing, and if you're behind on ...

Borrowers who were worried that their wages could be garnished to collect student loan debt are now facing a temporary ...

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

She made a point in May to remind colleges of their role in ensuring borrowers repay their loans. As recently as Jan. 7, the ...

Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towar ...

An ongoing effort to wipe out up to $700 million in medical debt for Wayne County residents has made a discovery some may find surprising. Those most in need of medical debt relief were not the ...