Credit & Debt

Debt balances for credit cards and personal loans are going up, according to TransUnion. Here's what you can do to pay down your debt.

As the national debt continues to climb and approach an unprecedented $31 trillion, FOX Business compares U.S. government debt to that of other nations.

The U.S. national debt is approaching a record $31 trillion, according to data released by the Treasury Department, and it could have ramifications for the economy.

New York mayor Eric Adams and the New York City Taxi and Limousine Commission announced an agreement with the city's largest medallion lender to provide debt relief to owners.

Fox News contributor and The King's College's Brian Brenberg says Biden's "grasping at straws" trying to win votes with the student loan debt handout, which "economically doesn't work."

President Biden's student loan debt plan was met with cheers and jeers. FOX Business breaks down some of the key points for those who qualify and those who don't.

Dave Ramsey, personal finance expert and bestselling author, shared reaction to the student loan handout plan from President Biden, calling it an "obvious political ploy."

Former Council of Economic Advisors Chairman Kevin Hassett accuses the Biden administration of using student debt relief as an attempt to buy votes from its Democratic base.

Truist announced new bank accounts with no overdraft fees as well as added protections such as a negative balance buffer up to $100.

Household debt increased in the second quarter of 2022 across many different loan types, according to the Federal Reserve Bank of New York. Here is how you can pay yours down.

Buy now, pay later users are struggling to make their payments. This is how many are using using a credit card to do so

Paying down credit card debt can be achieved through one of three credit consolidation methods: balance transfers, home equity, and personal loans. Learn more.

Student loan borrowers saw credit scores increase during the COVID pandemic, according to a new study that suggested the loan payment freeze played a factor.

Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.

American household credit card debt surged by the highest amount in over 20 years during the second quarter, according to the New York Federal Reserve.

Judiciary Committee Chair Rep. Jerry Nadler, D-N.Y., on Monday called on President Biden to pause an eventually cancel student debt, citing "monkeypox cases on the rise."

The Department of Education expected the federal student loan program to generate $114 billion in revenue, but it actually wound up costing $197 billion.

If you’re dealing with thousands of dollars in credit card debt, try these 4 strategies for tackling it.

Consumers are paying about $12 billion per year in credit card late fees. Now, the CFPB is looking into what credit card companies are charging consumers.

Global corporate net debt has been falling in the past year as higher borrowing costs reduce the appetite for new financing.