Latest in Credit card debt forgiveness pros and cons to know for February
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How long do settled accounts stay on your credit report?
Understanding this timeline can help you set realistic expectations for your credit recovery journey.CBS News - Jan. 7 -
49ers' Ricky Pearsall wants to meet teen who shot him: 'I have to be able to forgive him'
Pearsall was shot by a 17-year-old just before his rookie season was set to beginCBS Sports - Jan. 7 -
San Francisco 49ers rookie Ricky Pearsall says he forgives the teen who shot him
San Francisco 49ers wide receiver Ricky Pearsall said he forgives the teenager who shot and wounded him and hopes to talk to the teen someday.NBC News - Jan. 7 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - Jan. 7 -
Why Lyft Is Giving New York City Riders a Credit During January
Uber and Lyft are reacting to New York City’s congestion pricing in different ways.Inc. - Jan. 6 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6 -
Nintendo Switch 2 Joy-Con Images Apparently Emerge, Could Tease Unexpected Feature
Drip, drip, drip. The Nintendo Switch 2 leaks keep coming, as this time uncofirmed images of a retail-model left Joy-Con for the upcoming console appeared online over the weekend. In addition, ...GameSpot - Jan. 6 -
‘He ended up homeless and penniless’: My uncle conned my father into signing over their mother’s house. What can I do?
“His brother went to the prison where my dad was incarcerated and had him sign over the house.”MarketWatch - Jan. 6 -
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How hidden credit card fees impact consumers and businesses
The start of 2025 brought an increase in fees from the biggest credit card companies in the U.S. that may have you paying more the next time you swipe a card. NBC’s Vicky Nguyen reports for TODAY.NBC News - Jan. 4 -
The fight over credit card swipe fees enters a new year with no end in sight
With new fee increases and more shoppers ditching cash, some small businesses are urging their customers to consider sticking with bills and coins.NBC News - Jan. 4 -
Steph humorously credits lifelong Dubs fan for epic shooting night
Warriors superstar Steph Curry hilariously credited lifelong Golden State fan Elizabeth Tate for his incredible shooting night against the Philadelphia 76ers.Yahoo Sports - Jan. 4 -
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.CNBC - Jan. 3 -
How much will a $10,000 credit card balance transfer cost?
Planning to transfer $10,000 to a new card with a promotional rate? Here's how much the fees could cost you.CBS News - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Seahawks' Williams: Pro Bowl snub 'disappointing'
Seahawks defensive tackle Leonard Williams made no attempt to hide how upset he was at being snubbed for this year's Pro Bowl.ESPN - Jan. 3 -
Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?
Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.CBS News - Jan. 3 -
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.CBS News - Jan. 3 -
Pro Bowl rosters include 9 Ravens, no Mahomes
Nine Baltimore Ravens, including two-time NFL MVP Lamar Jackson and Derrick Henry, were selected for the Pro Bowl Games. Patrick Mahomes wasn't selected for the first time since becoming Kansas ...ESPN - Jan. 2 -
3 big reasons to pursue credit card debt forgiveness this January
Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.CBS News - Jan. 2 -
Jim Gaffigan defends anti-Trump remarks even if 'true die-hard' MAGA 'never forgive me'
Comedian Jim Gaffigan defended his comments criticizing President-elect Trump, noting that he doesn't regret them even if “true die-hard” MAGA fans can never forgive him. Gaffigan, famously a ...The Hill - Jan. 2 -
Can you pay to delete collection accounts from your credit report?
A pay-for-delete approach could help your credit, but is it a legitimate option to consider? Here's what to know.CBS News - Jan. 2 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - Jan. 2 -
Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system
President Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers ...The Hill - Jan. 1
