A woman in Los Angeles called into The Ramsey Show to ask if it was time to file for bankruptcy after racking up more than ...

Credit card debt can feel like an insurmountable burden, especially when paired with bad credit. For many people, the ...

The word “debt” has all kinds of negative connotations — and with good reason. Carrying a heavy debt load not only jeopardizes your financial security, but it can also lead to everything from marital ...

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...

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In 2022, the average American owed almost $102,000 and paid more than 9.5% of their disposable income on debt. That same year, American households owed approximately $17 trillion in total debt, up ...

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates can go up. When the United States spends more money than it takes in ...

A new rule will prohibit a certain type of bad debt from appearing on credit reports. The rule, announced by the Consumer Financial Protection Bureau, prohibits unpaid medical bills from appearing on ...

Angel Zhong does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...