The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

Understand how central banks monetize government debt by trading interest-bearing securities for cash, impacting inflation ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains ...

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

Starting January 7, 2026, the U.S. Department of Education will resume mandatory wage garnishment for defaulted student loans ...