Card Debt Forgiveness

How the Debt Could Hamstring Trump’s Agenda

Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.

The New York Times - 2h

Why you should use home equity to pay credit card debt in 2025

A home equity loan could be a smart and effective way to pay down your credit card debt this year. Here's why.

CBS News - 16h

4 ways to lower your credit card debt while unemployed

Reducing your credit card debt could provide serious relief if you're in between jobs. Here's how to do it.

CBS News - 18h

How do you prove a credit card debt is uncollectible?

Proving that your old credit card debt is uncollectible could save you a lot of hassle — and a lot of money.

CBS News - 20h

Can you dispute a debt that was sold to a debt collector?

Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.

CBS News - 4d

Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion

The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.

CNBC - 4d

Bo Jackson knows forgiveness: Ex-two-sport star drops $21-million extortion judgment against family

Bo Jackson, the legendary NFL and MLB player and Nike pitchman, abandons $21-million judgment awarded to him in an extortion and harassment case.

Yahoo Sports - 5d

Tips for paying off debt

With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.

CBS News - 5d

Biden forgives $4.5 billion in student debt for 261,000 borrowers who attended now-defunct Ashford University

The Biden administration announced Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University.

CNBC - 6d

Biden Administration Forgives 260,000 Loans for Ashford University Students

Ashford University was one the country’s largest for-profit college companies at one point.

Inc. - 6d

Ex-England boss Eriksson died heavily in debt

Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.

ESPN - 6d

3 credit card debt consolidation strategies worth considering now

You have lots of debt consolidation solutions to consider, but some could make more sense than others now.

CBS News - Jan. 14

Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers

In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.

CNBC - Jan. 13

Russia’s war economy is a house of cards

The financial underpinnings look increasingly fragile

Financial Times - Jan. 12

House Republicans face massive debt problem

House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...

The Hill - Jan. 11

Can a debt collector refuse my settlement offer?

Negotiating a successful debt settlement could be a little more complicated than you'd expect.

CBS News - Jan. 10

8 ways a credit card debt lawsuit can be dismissed

If you're being sued over delinquent credit card debt, there are a few ways you could get the lawsuit dismissed.

CBS News - Jan. 10

Does the IRS ever forgive back taxes?

The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.

CBS News - Jan. 9

What happens if you deny a credit card debt settlement offer?

There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.

CBS News - Jan. 9

How to pay less interest on credit card debt in 2025

There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.

CBS News - Jan. 9

Can you take out a HELOC with high credit card debt?

A HELOC is one of the most affordable borrowing options right now, but can you qualify for one with a lot of debt?

CBS News - Jan. 8

What happens when you lose a credit card debt collection lawsuit?

A few different scenarios could occur if a judgment is issued against you for your old credit card debt.

CBS News - Jan. 8

Nearly half of credit card users are carrying debt — it may take months, or years, to pay off

Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it could take years to pay off.

CNBC - Jan. 8

5 important credit card debt relief moves to make this January

Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.

CBS News - Jan. 8

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 begin

CBS 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

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 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

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

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

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

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

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

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