Paying National Debt

Rising price of paying national debt a risk for Trump's promises on growth, inflation

Donald Trump has big plans for the economy

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 ...

Trump is the right president to finally tackle the national debt

Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.

Politics - The Hill - November 7

Most Americans Expect Trump to Increase National Debt

A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.

Business - Inc. - November 8

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.

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.

What will a debt collector do if I can't pay old credit card debt?

There are a few different strategies debt collectors can use when you're unable to pay off what you owe.

The real monster this Halloween: Our national debt and a dysfunctional Congress

Congress is facing a potential government shutdown on Dec. 20 due to its reliance on continuing resolutions and bloated omnibus bills, and is being urged to address the monster of reckless spending.

Politics - The Hill - October 28

Poor nations are choking on debt — we must grasp the solutions

Political instability and meagre investment hobble large parts of the world

Business - Financial Times - November 1

28% of credit card users are still paying off last year's holiday debt. But that's an improvement

Americans tend to overspend during the holiday season. In fact, some shoppers are still paying off last year's purchases.

Business - CNBC - November 12

Still paying off last year's holiday debt? Here's what to do now.

If you haven't paid off last year's holiday credit card bills, use these strategies to tackle it now.

3 times you should pay off credit card debt collections (and 3 times you shouldn't)

Paying off collections debt can be a smart financial move, but it won't make sense in every scenario.

Should you use home equity to pay off debt before the holidays? What experts say

Using home equity to pay off debt before the holidays could make sense for some, but not everyone.

Can you use a 401(k) hardship loan to pay off credit card debt?

You could pay off your credit card debt with your retirement funds, but there are likely better options.

‘I’m young, debt-free and happy-go-lucky’: My boyfriend has $45,000 in debts, two houses, two kids and pays child support. Is he a safe bet to marry?

“Lately, we’ve been discussing the future, including marriage.”

Business - MarketWatch - Yesterday

Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live

UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...

World - The Guardian - 3 days ago

Will debt collectors sue over a $3,000 credit card debt?

A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.

Does debt consolidation or debt forgiveness make more sense with bad credit?

Finding the right solution to your high-rate credit card debt can be tough if your credit is less than ideal.

People's incomes are catching up with their debt

Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.

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.

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.

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - November 6

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

Most Americans expect Trump to increase debt: Survey

A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...

Politics - The Hill - November 8

Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Business - The New York Times - November 9

5 hidden costs of carrying credit card debt

These hidden costs are just as damaging — if not more so — than credit card interest and fees.

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.

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.

Musk’s gamble on Trump pays off

Billionaire chief of Tesla and X looks set to take up influential adviser role in White House

World - Financial Times - November 6

Citi revamps pay for wealth bankers

More bonuses will go to those who move client assets into investments, and less to those who sell new loans

Business - Financial Times - November 7

Will rich countries pay for climate change?

At COP29 the world’s nations will try and negotiate a new spending commitment on climate change.

What’s behind the lesbian pay premium?

After decades of earning more than heterosexual women, the gap seems to be shrinking

Business - Financial Times - 2 days ago

Bond market braced for rise in UK debt issuance to £300bn this year

Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first Budget

Business - Financial Times - October 28

Former British colonies owe ‘debt of gratitude’, says Robert Jenrick

Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...

World - The Guardian - October 29

S&P downgrades Thames Water debt further into ‘junk’ territory

Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financing

Business - Financial Times - October 29

They're middle class and insured, yet childbirth left them with crippling debt

Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.

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.

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