Credit & Debt

In a tweet Wednesday, President-elect Joe Biden pledged to make community college tuition-free, while offering a similar benefit for students from families with working-class incomes or lower to attend state schools as well.

This Christmas season our company bought medical and car debt from two private debt collection companies—to the tune of $10 million—and completely forgave it.

Dealing with serious credit card debt? You have options.

Despite the coronavirus pandemic and subsequent economic recession, consumers didn't fall deeper into debt, analysts said.

Considering the cost of interest, paying off credit card debt can be a huge money saver.

Sen. Elizabeth Warren, D-Mass., continued her push for the cancelation of student loan debt Tuesday, making her case to Federal Reserve Chairman Jay Powell that President-elect Joe Biden should immediately take action when he takes office in January. 

Roughly $330 million in debt for 35,000 students who attended the now-shuttered ITT Tech will be canceled thanks to a settlement in conjunction with the Consumer Financial Protection Bureau, the attorneys general of nearly 50 states announced this week.

As you enter the workforce after graduation, you should get started on the right financial path. Here are six tips to help you manage your money wisely.

As art of the CARES Act, the Pandemic Unemployment Assistance program is a bipartisan effort to ensure that Americans who lose their jobs for COVID-19 related reasons can survive economically.

The federal government continues to take in record amounts of revenue, but it goes out the Treasury's door as fast as it comes in

Here's what you've got to remember that getting out of debt.

The Democratic National Convention has come to a close. 

Here's my way of doing things with money.

The drop in credit card debt underscores how the pandemic affected consumer spending habits, as households did not want to take on additional debt.

From April to June, total household debt declined 0.2% to about $34 billion, the New York Fed said.

Contrary to common belief, having 1% of your credit limits in use may help your credit score even more than showing 0% usage.

As the coronavirus persists in the U.S., one-third of Americans have admitted to making at least one financial decision in the last four months of the pandemic that is likely to hurt their credit score, a new Bankrate study has revealed.

The debt snowball is Baby Step 2 of my plan for getting out of debt.

American credit card debt plummeted during the coronavirus pandemic, dropping below $1 trillion for the first time in years. 

Although millions of Americans are out of work and behind on their debts, the missed payments often aren't reflected in their credit scores, creating a credit blind spot.