Can credit card debt in collections be forgiven

Worried about missing credit card payments? 4 things to do now

More Americans are worried about missing their credit card payments. If you're one of them, take these steps now.

Goldman and Apple fined $89mn over US credit card programme

Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

Business - Financial Times - October 23

How far will credit card interest rates fall in November?

There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - 12 hours ago

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Business - MarketWatch - 8 hours ago

Can I get a HELOC with a 580 credit score?

Tapping into your home equity with a poor credit score could be tough— but it may not be impossible. Here's why.

How honeybees can be used to collect environmental data

Honeybees already have a "busy" reputation. Now, a Belgian company is putting the industrious insects to work. The company uses millions of bees to collect data from the environment. For one ...

How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

After years of preparation, HPS is on the verge of either a deal or an IPO

Business - Financial Times - October 24

2 in 5 U.S. credit card holders have topped out their spending limit

Lower-income earners and older people are more likely to say they've maxed out a card since the Fed starting hiking interest rates.

Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds

Higher prices and higher interest rates have caused many Americans to use more of their available credit. Gen X is particularly stretched.

Business - CNBC - October 17

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - 6 days ago

How can we help stop deadly drug-resistant infections spreading? Debt relief | Glenda Gray

Millions of lives could be saved if the world would only consider more innovative ways to help poorer nations tackle AMR. Drug-resistant infection, already one of the world’s biggest killers, is ...

World - The Guardian - October 29

U.S. Treasury says debt-auction sizes can remain steady for next several quarters

Agency to auction $125 billion next week, unchanged from last quarter

Business - MarketWatch - October 30

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

The great wall of debt

Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors

Business - Financial Times - October 17

DeMar DeRozan laughs off swipe from Drake, who apparently hasn't forgiven 'Not Like Us' appearance

DeRozan appeared in both the 'Not Like Us' music video and at Kendick Lamar's 'Pop Out' concert.

Sports - Yahoo Sports - 5 days ago

PHOTO COLLECTION: Supermoon

This is a collection of photos chosen by AP photo editors.

Tech - ABC News - October 17

PHOTO COLLECTION: Quincy Jones

This is a collection of photos chosen by AP photo editors.

Entertainment - ABC News - 3 days ago

My Employee Takes Credit for the Whole Team’s Work

And two other tricky workplace dilemmas.

Business - Inc. - October 15

Meta fires staff for abusing $25 meal credits

Workers used benefits to buy acne pads, wine glasses and laundry detergent

Business - Financial Times - October 17

China to boost lending for stalled property projects to $560bn

Beijing is trying to restore confidence in economy amid prolonged real estate slowdown

Business - Financial Times - October 17

How will filing for bankruptcy impact my credit score?

Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.

FTC sends $2.5 million to Credit Karma customers

The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.

Tucker Carlson credits demons for the invention of nuclear technology

Ex-Fox News host makes bizarre claim on Steve Bannon’s podcast, days after saying a demon attacked him in his sleep. Demons that Tucker Carlson claimed attacked him as he slept were also ...

World - The Guardian - 3 days ago

State Street says it is ‘shopping’ for a private credit manager

Money manager tries to catch up with rivals as investors shift into unlisted assets

Business - Financial Times - 2 days ago

Credit Agricole's Shares Fall After Mixed Results

Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.

Business - The Wall Street Journal - Yesterday

What Trump's campaign credits its success to

President-elect Donald Trump's campaign told reporters about the strategy it says largely contributed to its success. CBS News' Jake Rosen has the details and Aaron Navarro reports on Vice ...

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the same, according to credit expert.

Business - CNBC - October 31

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Biden Cancels Another $4.5 Billion in Student Debt

The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.

Business - Inc. - October 17

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Harris and Trump are equally silent on the expanding US debt

The nation is borrowing to finance current consumption rather than to make much-needed long-term investments

World - Financial Times - October 18

'Holiday home dream left us crippled with debt'

Families who lost tens of thousands of pounds buying holiday caravans want the industry to change.

Atos Debt Grows as Restructuring Effort Continues

Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.

Business - The Wall Street Journal - October 24

Economist on whether the national debt is cause for concern

The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...

Latest in Can credit card debt in collections be forgiven

Worried about missing credit card payments? 4 things to do now

Goldman and Apple fined $89mn over US credit card programme

How far will credit card interest rates fall in November?

Credit card interest rates are surging: How to lower yours now

How Fed Rates Influence Credit Cards, Loans, Savings and More

Consumer credit posts small increase as Americans cut back on credit-card purchases

Can I get a HELOC with a 580 credit score?

How honeybees can be used to collect environmental data

How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

2 in 5 U.S. credit card holders have topped out their spending limit

Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

How can we help stop deadly drug-resistant infections spreading? Debt relief | Glenda Gray

U.S. Treasury says debt-auction sizes can remain steady for next several quarters

What debt types does debt consolidation cover?

The great wall of debt

DeMar DeRozan laughs off swipe from Drake, who apparently hasn't forgiven 'Not Like Us' appearance

PHOTO COLLECTION: Supermoon

PHOTO COLLECTION: Quincy Jones

My Employee Takes Credit for the Whole Team’s Work

Meta fires staff for abusing $25 meal credits

China to boost lending for stalled property projects to $560bn

How will filing for bankruptcy impact my credit score?

FTC sends $2.5 million to Credit Karma customers

Tucker Carlson credits demons for the invention of nuclear technology

State Street says it is ‘shopping’ for a private credit manager

Credit Agricole's Shares Fall After Mixed Results

What Trump's campaign credits its success to

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Biden Cancels Another $4.5 Billion in Student Debt

Debt rule to change to fund major projects

Harris and Trump are equally silent on the expanding US debt

'Holiday home dream left us crippled with debt'

Atos Debt Grows as Restructuring Effort Continues

Economist on whether the national debt is cause for concern

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