Credit & Debt

See what the progressive politician is doing to reduce medical debt in America, and consider your options if you need debt relief.

The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.

The Credible Money Coach helps a reader weigh the pros, cons, and credit impact of paying off a personal loan early.

A recent survey found that most Americans admit to overspending during the holidays, but gift-giving doesn't have to be a burden on your wallet. Consider these tips to create a budget and earn rewards on your holiday spending.

Treasury Secretary Janet Yellen on Monday renewed her push for Congress to raise the debt ceiling before the U.S. government runs out of cash in early December, but she said Democrats should be willing to address the issue on their own if Republicans refuse to act in a bipartisan manner to avoid a first-ever debt default.

Stocking your shelves with fresh groceries shouldn't be a financial burden. But with the rise of online grocery shopping, prices are becoming less predictable, according to a study from MIT.

Filing for bankruptcy can discharge your medical debt, but it can leave a lasting negative impact on your creditworthiness.

Credit card interest rates hit a near-record high in Q3, reaching 17.13%. Consider these methods for paying off high-interest credit card debt.

The Credible Money Coach helps a reader with $14,000 in her checking account understand the value of paying off credit cards.

Treasury Secretary Janet Yellen told congressional leaders Monday she will extend extraordinary cash management measures to temporarily finance the U.S. government until Dec. 3, the new deadline for lawmakers to raise or suspend the debt ceiling or risk a first-ever default.

Despite improving conditions and 1.3 million jobs being added to the market by the end of 2021, many Americans will still be out of work, according to a Goldman Sachs analysis.

Personal loans can come with a range of rates depending on a borrower's creditworthiness. Here's how you can take advantage of low average personal loan rates.

The House of Representatives will vote on the Senate-passed temporary debt ceiling increase on Tuesday evening.

Some Republican lawmakers are unhappy with the debt-ceiling deal that Senate Minority Leader Mitch McConnell struck with Democrats to temporarily pull the U.S. government back from the brink of a catastrophic default.

The Senate is set this week to temporarily avert a debt ceiling default, but the fundamental impasse between Republicans and Democrats remains and might rear its head later this year.

Lawmakers in Washington are working to pass a debt limit suspension before government funding runs out, which could happen as soon as Oct. 18, according to Treasury estimates.

President Biden ripped into Senate Republicans on Wednesday for their "dangerous and disgraceful" blockade of a debt ceiling suspension, shortly before Senate Minority Leader Mitch McConnell announced a compromise deal in order to avoid the first-ever default this month.

President Joe Biden told reporters Tuesday that it’s a “real possibility” Democrats could use a “nuclear option” to prevent Republicans from filibustering their plan to raise the debt ceiling.

Sen. Susan Collins suggested this week that some Republican lawmakers could support an effort to raise the debt ceiling if Democrats agreed to abandon President Biden's $3.5 trillion bill.

Credible Money Coach explains credit counseling and provides tips for reader who wants to pay off five-figure debt.