Long Delinquent Credit

How long can delinquent credit card debt be collected?

The timeline for collecting late credit card debt may surprise you. Here's how long debt collectors can pursue it.

Consumer Fears of Credit Card Delinquency Rise

A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.

Business - Inc. - October 16

The long end keeps on rising

And emerging markets in a no-landing scenario

World - Financial Times - October 22

My Employee Takes Credit for the Whole Team’s Work

And two other tricky workplace dilemmas.

Business - Inc. - October 15

Meta fires staff for abusing $25 meal credits

Workers used benefits to buy acne pads, wine glasses and laundry detergent

Business - Financial Times - October 17

China to boost lending for stalled property projects to $560bn

Beijing is trying to restore confidence in economy amid prolonged real estate slowdown

Business - Financial Times - October 17

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.

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 seriously

Business - Financial Times - 16 hours ago

Can I get a HELOC with a 580 credit score?

Tapping into your home equity with a poor credit score could be tough— but it may not be impossible. Here's why.

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 rates

Business - Financial Times - October 14

Trump and Harris Both Like a Child Tax Credit but With Different Aims

Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.

Business - The New York Times - October 15

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.

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.

Barclays to Replace Goldman Sachs as Issuer of GM Credit Cards

The deal aims to expand Barclays’s consumer ambitions in the U.S. while getting Goldman closer to exiting consumer lending.

Business - The Wall Street Journal - October 14

Israel races to supply anti-missile shield

Intense war demands have left the IDF relying on the US to fill gaps in air defences

Business - Financial Times - October 15

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.

Business - MarketWatch - October 16

How Venus Williams is marking the 50th anniversary of the Equal Credit Opportunity Act

Tennis star Venus Williams is partnering with SoFi for a new campaign to celebrate the 50th anniversary of the Equal Credit Opportunity Act, which marked a major turning point in women's financial ...

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.

Worried about missing credit card payments? 4 things to do now

More Americans are worried about missing their credit card payments. If you're one of them, take these steps now.

Has Boeing done enough to avoid the credit rating junk yard?

Plane maker is burning through an estimated $1bn a month during a strike by its largest labour union

Business - Financial Times - 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?

China to almost double support for unfinished housing projects

World - Yahoo News - October 17

What self-deprecating Mahomes credits for goal-line hit on Mustapha

Kansas City Chiefs quarterback Patrick Mahomes had a self-deprecating breakdown of his goal-line hit on San Francisco 49ers safety Malik Mustapha.

Sports - Yahoo Sports - October 21

Goldman and Apple fined $89mn over US credit card programme

Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

Business - Financial Times - October 23

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.

How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

After years of preparation, HPS is on the verge of either a deal or an IPO

Business - Financial Times - 6 days ago

Biden administration expands tax credit for producing solar, wind and battery components

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Politics - The Hill - 6 days ago

How far will credit card interest rates fall in November?

There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.

Medical debt is hurting millions of credit reports — but now there’s a cure

Even responsible, prudent people can end up thousands of dollars in debt if they get sick or injured.

Business - MarketWatch - 4 days ago

California Governor Proposes $750 Million in Annual Film Tax Credits

Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.

Business - The New York Times - 3 days ago

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Will Newsom's expanded tax credit program save California's film industry?

Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?

Entertainment - Los Angeles Times - Yesterday

SoFi’s stock rally takes a breather despite improving credit trends

Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.

Business - MarketWatch - Yesterday

Does Africa need its own credit rating agency?

A pan-continental body is not a cure-all for its debt problems

World - Financial Times - Yesterday

How to have your credit card debt forgiven this November

Need to have your credit card debt forgiven? There are a few ways to pursue this type of debt relief now.

Sinwar’s Death Highlights Israel’s Long Quest for Deterrence

Israel’s killing of the Hamas leader Yahya Sinwar is the latest expression of Israel’s belief that regional acceptance will be achieved only through strength.

World - The New York Times - October 19

Winnipeg Jets' Attendance Improving, But There's A Long Way To Go

It's hard to believe the Winnipeg Jets, an undefeated team in a Canadian hockey market, can't sell out the second-smallest arena in the NHL, says Ken Campbell.