Latest in Debt Relief Plan
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Philly Chinatown says new 76ers arena plan offers relief, but skepticism remains
A sudden reversal in plans to move the 76ers' arena to near Philadelphia’s Chinatown has left activists breathing a little easier while still feeling some distrust.NBC News - 14h -
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 - 1d -
Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M
The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...The Hill - 1d -
FA Cup thriller: Relief for Man United; Arsenal's transfer pressure grows
Man United find respite in the FA Cup, while Arsenal's worries grow about whether they have what it takes.ESPN - 1d -
Trump frustrated with GOP lawmakers over debt-limit quandary
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...The Hill - 2d -
House Republicans and Trump discuss tying California wildfire aid to debt ceiling
The current California fires could become the costliest natural disaster in U.S. history.Politico - 2d -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - 2d -
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...The Hill - 2d -
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 - 3d -
Santa Anita racing ppd., track used for fire relief
A flare-up of the wildfire on the west side of Los Angeles that prompted new evacuations has caused Santa Anita to cancel horse racing this weekend.ESPN - 3d -
Los Angeles restaurants providing food, relief for those impacted by fires
Amid the Los Angeles fires restaurants are helping serve meals and free food, water and facilitating donations for first responders and the affected community.ABC News - 4d -
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 - 4d -
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 - 4d -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - 5d -
Wildfire emergency relief efforts underway
Southern California wildfires have killed at least 5 people, forced tens of thousands to evacuate and burned several thousand structures. CBS News correspondent Tom Hanson reports on an emergency ...CBS News - 5d -
Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief
Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.Inc. - 5d -
How to donate to LA wildfire relief
A swarm of winter wildfires ravaged America's most heavily-populated county to start 2025, scorching cars, banks, bungalows and multi-million dollar mansions.The Hill - 5d -
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 - 5d -
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 - 5d -
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 - 6d -
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 - 6d -
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 - 6d -
New rule bans medical debt from credit reports
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...CBS News - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - 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 -
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 -
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 -
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