Latest in Will debt collectors sue over a $3,000 credit card debt
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When can a credit card company sue you for non-payment?
If your credit card debt goes unpaid for long enough, you could face legal consequences. Here's when it may happen.Top stories - CBS News - November 8 -
Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt
Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”World - ABC News - November 15 -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - November 8 -
'My 12 hours of uni each week are incredible value'
University fees are rising to £9,535, meaning students will be left in more debt after their course.Top stories - BBC News - November 10 -
President Joe Biden has forgiven over $166 billion in student debt—see how much in each state
Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 billion in student debt.Business - CNBC - November 15 -
Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living
Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025World - ABC News - 6 days ago -
People's incomes are catching up with their debt
Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.Top stories - NBC News - November 15 -
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 ...Top stories - CBS News - October 28 -
How to qualify for a debt consolidation program this November
There could be big benefits to enrolling in a debt consolidation program now, but you'll have to qualify first.Top stories - CBS News - October 29 -
3 reasons to consider debt relief this November
Not sure if your situation warrants the help of a debt relief servicer? Here are three timely reasons why it may.Top stories - CBS News - October 30 -
Trump is the right president to finally tackle the national debt
Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.Politics - The Hill - November 7 -
Most Americans expect Trump to increase debt: Survey
A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...Politics - The Hill - November 8 -
Most Americans Expect Trump to Increase National Debt
A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.Business - Inc. - November 8 -
Struggling With Debt? Bankruptcy Can Provide a Second Chance.
Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.Business - The New York Times - November 9 -
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How will a late credit card payment impact my credit score?
Just one delinquent credit card payment could have a big impact on the health of your credit. Here's how.Top stories - CBS News - 4 days ago -
How to qualify for a credit card hardship program this November
If you can't pay your credit card bills, a hardship program could provide relief, but you'll need to qualify first.Top stories - CBS News - October 28 -
The cautionary tale of Goldman and Apple’s credit card
Retail banking is not only harder than it looks but also heavily regulated by watchdogs who take their duties very seriouslyBusiness - Financial Times - October 30 -
How to Choose the Right Travel Credit Card
Fees, sign-up bonuses and whether the card is aligned with a particular hotel brand or airline are all factors in the decision.Business - The New York Times - November 15 -
JPMorgan’s Chase UK bank launches first credit card
Digital-only bank makes first foray into lending after amassing more than £20bn in depositsBusiness - Financial Times - 5 days ago -
Bond market braced for rise in UK debt issuance to £300bn this year
Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first BudgetBusiness - Financial Times - October 28 -
The real monster this Halloween: Our national debt and a dysfunctional Congress
Congress is facing a potential government shutdown on Dec. 20 due to its reliance on continuing resolutions and bloated omnibus bills, and is being urged to address the monster of reckless spending.Politics - The Hill - October 28 -
Former British colonies owe ‘debt of gratitude’, says Robert Jenrick
Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...World - The Guardian - October 29 -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29 -
They're middle class and insured, yet childbirth left them with crippling debt
Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.Top stories - NBC News - October 30 -
Poor nations are choking on debt — we must grasp the solutions
Political instability and meagre investment hobble large parts of the worldBusiness - Financial Times - November 1 -
US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...World - The Guardian - November 6 -
What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.
Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.Business - MarketWatch - November 8 -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
China unveils 10tn yuan support for debt-stricken local government
Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...World - The Guardian - November 8 -
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Everyday Americans Keep Racking up Debt and Missing Payments
Economic pain is weighing on consumers as delinquency rates and household debt rise.Business - Inc. - November 14 -
Spirit Airlines files for bankruptcy following mounting debt and a failed merger
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.Top stories - NBC News - 6 days ago -
ECB warns low growth and high debt risk Eurozone crisis
Central bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’Business - Financial Times - 4 days ago -
How to fight the silent debt crisis engulfing the global south
Multilateral institutions must help these countries find the money to stave off climate changeWorld - Financial Times - 4 days ago