Finances FYI is a weekly series providing straightforward finance tips and best practices to help improve financial literacy. Credit card debt is common in the U.S., with the average American ...

When a debt collector sells your account, the process can shift quickly. Here's what borrowers should understand.

In week 3 of our Back to Basics series, we are talking about debt – specifically, how to get out and stay out of debt. Are you struggling with credit card debt, student loans, medical bills or ...

At a time when America is already battling a quiet, crippling credit crisis, recent data indicates there are still paramount struggles in the way of fiscal freedom. In honor of Financial Literacy ...

Medical bills can quickly spiral, so you need to understand your legal exposure if the debt goes to collections.

Many factors go into assessing how much debt an economy can safely carry Countries incur debt by borrowing. Borrowing can enable countries to finance important development programs and ...