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

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 carrying ...

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

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 ...

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 car ...

Say you are sitting around on a Sunday evening, getting ready to watch a professional football game on television, when the phone rings. It’s a debt collector, calling to demand payment of a debt you ...

When a lender sells your debt, the rules change, but your obligations might not. Here's what borrowers should know.

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 ...

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 projects—but, ...

The latest Washington Post/ABC News poll, released last week, found that Americans would blame a debt ceiling crisis on congressional Republicans and President Joe Biden in roughly equal measure. That ...