Latest in Warnings Debt
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France should heed the ‘grumpy mum’ warnings on debt
The convergence of French yields with Greece’s is a reality checkBusiness - Financial Times - 13 hours ago -
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 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
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.Top stories - CBS News - November 5 -
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.Top stories - CBS News - November 14 -
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.Top stories - NBC News - November 15 -
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.Top stories - CBS News - November 4 -
‘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 -
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 -
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?Top stories - CBS News - November 7 -
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 -
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 -
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.Top stories - CBS News - November 22 -
National Debt Could Hamper Trump’s Plans for the Economy
Trump has tax cuts and tariffs on the docket, but the federal government’s debt could limit his goals.Business - Inc. - 4 days ago -
Relax Germany’s debt brake, says Angela Merkel
Former chancellor’s memoirs back reform of borrowing cap that she introduced into constitutionWorld - Financial Times - 3 days ago -
Who qualifies for a credit card debt consolidation program?
While debt consolidation programs can offer relief from high-rate card debt, not everyone is eligible to enroll.Top stories - CBS News - 2 days ago -
Is France heading for a Greek-style debt crisis?
Investors have been rattled by political paralysis and parlous public financesBusiness - Financial Times - 23 hours ago -
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.Top stories - CBS News - October 31 -
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.Top stories - CBS News - November 5 -
Poor nations are choking on debt — we must grasp the solutions
Political instability and meagre investment hobble large parts of the worldBusiness - Financial Times - November 1 -
3 important credit card debt relief moves to make this November
Dealing with credit card debt issues? You may want to take these steps toward debt relief this month.Top stories - CBS News - November 1 -
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 -
What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.
Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.Business - MarketWatch - November 8 -
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