Low interest rates have induced Americans to pick up their borrowing to a record level, and fewer are finding themselves with severe credit problems such as bankruptcy, foreclosure or debt collection ...
Debt and other liabilities become risky for a business when it cannot easily fulfill those obligations, either with free cash flow or by raising capital at an attractive price. In the worst case ...
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 ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Carrying a certain amount of credit card debt or auto debt may not be the end of the world, particularly if you're able to pay ...
DO HIGH LEVELS of public debt reduce economic growth? Many economists asked that question after the financial crisis of 2007-09, when bank bail-outs and fiscal-stimulus programmes caused debt-to-GDP ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
Having debt in collections is an unfortunate reality for millions of Americans — especially those who are struggling with unexpected financial hardships. But while facing a debt collection issue may ...
Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.