Latest in Money U.s Debt
Sort by
324 items
-
What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.MarketWatch - 3h -
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 - 4h -
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 - 5h -
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 - 23h -
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 - 1d -
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 - 1d -
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 - 1d -
Shortage of primary care doctors in U.S. comes down to money — and respect
More medical schools say they will no longer charge tuition. But evidence suggests it will take a lot more than a free ride.CBS News - 1d -
Why investors clinging to cash could lose money in U.S. debt-ceiling fight
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.MarketWatch - 1d -
-
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 - 1d -
Clyburn: Eliminating debt ceiling only area 'I really agree with Donald Trump on'
Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump on.” “We should do away with it altogether,” Clyburn told CNN’s John ...The Hill - 2d -
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 - 2d -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - 2d -
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 - 2d -
How much money you need to retire in every U.S. state—it's more than $700,000
Retiring in Hawaii costs over twice the U.S. average, making it the most expensive state for retirement.CNBC - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - 2d -
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 - 3d -
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 - 3d -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - 3d -
Trump to be sentenced for "hush money" conviction before inauguration
Justice Juan Merchan will sentence Trump for his crimes on Jan. 10, a court proceeding that will be unlike any in America's 248 years.CBS News - 5d -
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 - 6d -
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 - 6d -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - 6d -
Biden Officials Prepare for Potential Bird Flu Outbreak With Added Money
The administration is committing an additional $306 million toward battling the virus, and will distribute the money before President-elect Donald J. Trump takes office.The New York Times - 6d -
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 - 6d -
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 -
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.CNBC - Jan. 1 -
Justice Department asks Supreme Court to reinstate anti-money laundering law
The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the ...The Hill - Dec. 31
