Latest in Cost Debt
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7 credit card fees that increase the cost of your debt
Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.Top stories - CBS News - 8 hours ago -
Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.
The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...Business - MarketWatch - October 18 -
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.Top stories - CBS News - October 21 -
The great wall of debt
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investorsBusiness - Financial Times - October 17 -
Will credit card debt forgiveness cover my $40,000 debt?
Getting rid of your credit card debt is important, but is debt forgiveness the right approach? Here's what to know.Top stories - CBS News - October 14 -
Will credit card debt forgiveness cover my $15,000 debt?
If you're trying to tackle $15,000 in credit card debt, it's important to find the right strategy first.Top stories - CBS News - October 15 -
Will credit card debt forgiveness cover my $25,000 debt?
With credit card interest rates high, many borrowers may need forgiveness now. But can it cover $25,000 worth of debt?Top stories - CBS News - October 16 -
Will credit card debt forgiveness cover my $3,000 debt?
Stuck with a $3,000 credit card bill? Here's how to get help now.Top stories - CBS News - October 23 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - 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.Top stories - BBC News - October 18 -
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 investmentsWorld - 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.Top stories - BBC News - October 24 -
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 ...Top stories - CBS News - 4 days ago -
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 - 3 days ago -
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 - 2 days ago -
Have $10,000 in credit card debt? Here's how much debt forgiveness could cover.
Pursuing debt forgiveness could substantially reduce the $10,000 credit card debt you're dealing with. Here's how.Top stories - CBS News - October 21 -
Have $15,000 in credit card debt? Here's what a debt forgiveness plan could cover.
If you're dealing with $15,000 in credit card debt, this type of debt relief could offer a reprieve. Here's how.Top stories - CBS News - October 22 -
Have $7,500 in credit card debt? Here's what debt forgiveness could cover.
Getting rid of $7,500 in credit card debt could be easier with the help of a credit card debt relief program.Top stories - CBS News - October 23 -
Have $25,000 in credit card debt? Here's what debt forgiveness could cover.
The right credit card debt forgiveness program could reduce your $25,000 credit card balance significantly.Top stories - CBS News - October 24 -
Have $50,000 in credit card debt? Here's what debt forgiveness could cover.
With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.Top stories - CBS News - October 25 -
Have $40,000 in credit card debt? Here's what debt forgiveness could cover.
The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.Top stories - CBS News - 3 days ago -
Have $35,000 in credit card debt? Here's what debt forgiveness could cover.
If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.Top stories - CBS News - Yesterday -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - 5 days ago -
The cost of college is quietly going down
The cost of college in the U.S. is going … down? With lower tuition, less student debt and more grant aid, College Board data released last week shows a hopeful future for higher education costs, ...Politics - The Hill - 3 days ago -
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesBusiness - Financial Times - October 14 -
3 ways to make your credit card debt cheaper this October
With rates averaging nearly 23%, credit card debt is expensive right now — but there are ways to reduce the costs.Top stories - CBS News - October 14 -
Global public debt to pass $100tn this year, says IMF
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decadeBusiness - Financial Times - October 15 -
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...Business - MarketWatch - October 15 -
Boeing seeks to raise up to $25bn through stock and debt offering
Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...World - The Guardian - October 15 -
Bond investors position for new debt from Goldman Sachs and Morgan Stanley
Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to their tightest levels of the year — are now positioning for new issuance, with Goldman Sachs and Morgan ...Business - MarketWatch - October 16 -
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.Business - CNBC - October 16 -
Trump Contends His Economic Policies Won’t Increase Federal Debt
In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.Business - Inc. - October 16 -
Harris backs slashing medical debt. Trump's "concepts" worry advocates.
Health care experts are calling on lawmakers — and the next occupant of the White House — to help the millions of Americans grappling with medical debt.Top stories - CBS News - October 17 -
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.Top stories - CBS News - October 17