As the credit card bills pile up and the variable interest rates on your cards climb higher, it's easy to become trapped in a cycle of debt that you can't easily overcome. And, when you add the ...

If you've taken out a personal loan, used a credit card or bought a home with a mortgage at any point in the last couple of years, you're likely well aware of how challenging today's borrowing ...

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 ...

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 ...

The math is brutal. At an average interest rate of 22%, all it takes is a revolving credit card balance of a few thousand dollars to find yourself in serious trouble, especially as the interest ...

In a February 2024 report, the U.S. Government Accountability Office (GAO) developed recommendations for the IRS to bolster the results and increase the equity of its private debt collection (PDC) ...

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We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Healthcare costs are at ...

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 ...

New York City officials are finalizing plans to replace a controversial debt collection system by the end of the current fiscal year as unpaid property taxes continue to rise, according to the city’s ...