Latest in Debt Hamper Trump’s
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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 - November 1 -
Can a 10-year-old credit card debt still be collected?
It's common for debt collectors to pursue old debts, but do you still owe the money? Here's what to know.Top stories - CBS News - November 4 -
Southern Water at risk of debt default in event of further credit downgrades
Bond issue documentation shows UK utility under pressure over high financing costsBusiness - Financial Times - November 5 -
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 -
Can a 7-year-old credit card debt still be collected?
Credit card debt this old could still be collected on — but only in certain circumstances. Here's what to know.Top stories - CBS News - November 6 -
What happens when a credit card charge-off is sold to a debt collector?
Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.Top stories - CBS News - November 6 -
Should I pay credit card debt that has been written off?
Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.Top stories - CBS News - November 7 -
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 -
Here's how your credit card debt can become uncollectible
If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.Top stories - CBS News - November 11 -
How to get rid of credit card debt without ruining your credit
You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.Top stories - CBS News - November 11 -
Credit card debt among retirees jumps — 'It's alarming,' researcher says
There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.Business - CNBC - November 11 -
Here's how to qualify for credit card debt forgiveness before 2025
Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.Top stories - CBS News - November 12 -
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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 -
What are the best ways to get rid of credit card debt in retirement?
New research shows that retirees' credit card debt is growing. Here's how you can tackle yours now.Top stories - CBS News - November 14 -
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 -
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 - November 18 -
5 surprising credit card debt consolidation benefits to know
Drowning in credit card debt? Consolidation does more than you might think.Top stories - CBS News - November 18 -
3 important things to know if your credit card debt goes to collections
If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.Top stories - CBS News - November 18 -
Will enrolling in a credit card debt management program hurt your credit?
Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?Top stories - CBS News - November 19 -
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 - November 20 -
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 - November 20 -
Is debt forgiveness a good option right now? Here's what experts say
If you're deep in debt, pursuing this type of relief may be an option — but it won't make sense for everyone.Top stories - CBS News - 6 days ago -
5 ways to tackle your credit card debt before the holidays
These useful tips can help you deal with your lingering debt issues before the holiday season arrives.Top stories - CBS News - 6 days ago -
Will my credit score drop if I pay a credit card debt collector?
Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.Top stories - CBS News - 5 days ago -
5 signs you need debt relief before the holidays, according to experts
These subtle red flags may indicate you need debt assistance before splurging on holiday gifts, experts say.Top stories - CBS News - 4 days ago -
Should you apply for credit card debt forgiveness before the holidays?
For many users, a credit card debt forgiveness program may be worth pursuing now, before the holidays. Here's why.Top stories - CBS News - 4 days ago -
The Bahamas will refinance part of its debt to protect its famous turquoise waters
The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigationWorld - ABC News - 4 days ago -
German bond investors bet on an end to Berlin’s ‘debt brake’
A key indicator has fallen below zero for the first time as market braces for higher German borrowingWorld - Financial Times - 3 days ago -
How to cut your credit card debt before the holidays
Don't let your credit card debt compound this holiday season. Here's how to take action in advance.Top stories - CBS News - Yesterday -
Retirees are facing financial strain as credit-card debt spikes
More retirees are carrying credit card balances they’ll struggle to pay off.Business - MarketWatch - Yesterday -
Sri Lanka launches debt swap deal to end sovereign default
Agreement with bondholders expected to bring two-year restructuring saga to a closeWorld - Financial Times - Yesterday