Having debt written off may sound like you're getting a clean slate, but it can come with lasting consequences.

Americans now hold a record $1.21 trillion in credit card debt, but some consumers could have their bills cut in half.

NEW YORK — Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection. After 90 days of non-payment ...

Both credit card charge-offs and debt settlement can harm your credit, but one gives you a chance to recover faster.

Could your debt be reduced or forgiven? Take our financial relief quiz. There is nothing like the thrill of paying off a debt. However, that excitement can quickly wane, turning into impatience as you ...

NORTH CAROLINA (WTVD) -- A major change when it comes to medical debt and it could improve credit scores for millions of Americans. The Consumer Financial Protection Bureau finalized a new rule ...

Although not unique to the Nutmeg state, Connecticut was one of the first states to announce a systemic, statewide approach ...

A federal rule restricting the debt’s inclusion has been canceled. Now, the consumer bureau is trying to overturn state ...

High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

More than 100 million Americans are burdened with medical bills they can’t pay. In the final weeks of the Biden administration, the Consumer Financial Protection Bureau issued new rules banning credit ...