A debt default could cause nearly 8 million job cuts, Moody's Analytics said. As the U.S. hurtles closer to a default on its debt as early as next month, the economic consequences could prove ...

What does it say about a country when working full-time still isn’t enough to outrun debt? And how long can a society tread water before it starts to drown? When nearly four in ten Americans are ...

Dealing with debt issues can be overwhelming, especially if your debt has been turned over to a debt collector to deal with.

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that began as ...

Before paying a debt in collections, verify it’s legitimate and collectible to avoid scams or zombie debt. You have rights under the Fair Debt Collection Practices Act (FDCPA) that protect you from ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Debt collection is when a company attempts to collect payment on past-due and unpaid debt, such as a loan or medical bill. It ...

Dealing with debt collectors can be a frustrating process, especially when you're not sure if the debt they're reaching out about is even yours. Mistakes happen, after all, and sometimes old debts ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...