Credit & Debt

Senate Majority Leader Chuck Schumer is directing his Democratic caucus to alarm constituents with the claim that a debt default could cause a massive recession and unemployment.

The U.S. government could default on its federal debt by June 1, threatening to trigger a deep recession and halt payments for millions of U.S. households.

The U.S. government could default on its federal debt as soon as June 1, putting the economy on the fast track for a "self-inflicted" and "deep" recession.

The U.S. could default on its federal debt as soon as June 1 due to weaker-than-expected tax collection in April, according to a Penn Wharton analysis.

Klarna and Affirm surged in popularity during the pandemic’s online shopping boom, as buyers used them to finance big purchases such as designer bags and daily expenses.

Real estate leaders and economists criticize Biden forcing good-credit borrowers to subsidize risky mortgages as a disaster, "boot on our neck," "punch in the gut" policy.

People with paused federal student loan payments may have to start paying up again. It will depend on how the Supreme Court rules in a pair of cases.

Some key changes were made to the bill overnight on Tuesday after it appeared unlikely to pass in its original form

Rep. Alexandria Ocasio-Cortez claimed working with Republicans on debt ceiling negotiations is like "trying to nail jello to a tree," as Congress works to address federal debt.

While buy now, pay later plans offer financial flexibility, they introduce a high risk of debt, and can leave the user unprotected if something goes wrong.

Personal loans, 0% balance transfer credit cards and debt repayment are all options for paying down credit card balances and maintaining healthy finances.

The Problem Solvers Caucus released a plan on Wednesday to avert a debt default amid an ongoing standoff between House Republicans and President Biden.

High inflation and interest rates pushed 35% of Americans to drain cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, a recent survey from Achieve said.

Consolidating credit card debt could help you get a lower interest rate and potentially pay off your debt faster. Learn how to consolidate credit card debt here.

Many millennials have confidence with personal finances, a feeling that comes as many of them deal with debt and other financial concerns, according to a survey.

Want to manage your credit card debt? Learn how credit card consolidation loans can help you reach your financial goals.

A Texas woman saved money by using the "cash stuffing" method — allowing her to pay off $70,000 in debt in just two years. Here's how she did it successfully.

Auto insurance costs can be significantly larger for those with poor credit scores, studies show. Here’s how to raise your credit score.

Trading in Evergrande’s Hong Kong-listed shares and both other listed units have been suspended for about a year, after they failed to file financial reports on time.

A last minute law change allowed Switzerland to write off $17 billion in bonds, while allowing equity holders to keep their money, an unprecedented change.