The Trump administration is introducing new student-loan forgiveness options that promise significant relief for millions of ...

Flexys, makers of debt management software, and Tuum, a core banking provider, are joining forces. By integrating their powerful platforms, the partnership allows banks “to modernize debt collection ...

Nearly 40,000 low-income veterans and their survivors receiving federal pensions may owe money because of accounting errors made over the last 12 years, but Veterans Affairs officials said they don’t ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

This nonprofit credit counseling agency helps consumers manage unsecured debt through structured repayment plans and financial education. For many people, debt isn’t the result of reckless spending — ...

Phone calls and letters are still going strong in debt collections, but outreach via digital channels such as text and emails is gradually creeping up. So is the use of artificial intelligence and ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that began as ...

While it can be tempting to ignore a mountain of debt, implementing a payoff plan can help you take control of the situation. One option is the debt avalanche method, which can save you more money on ...

Medical debt has become one of the most common and overwhelming forms of debt in the U.S., and for good reason. The rising cost of healthcare has made even the most routine care unaffordable for the ...

A single ambulance ride. That's all it might take for a Michigan family to fall into debt they can't shake — thousands of dollars from one night in the emergency room, owed to a hospital they thought ...