Credit & Debt

President Biden announced the expansion of student debt payment freezes, citing the continued economic hardships brought on by the COVID-19 pandemic.

More favorable repayment terms lead to lower personal loan payments and cheaper overall borrowing costs. Here's what to know about current personal loan rates.

The Biden administration is expected to extend a pause once again on federal student loan payments though the proposed timeframe is far shorter than what Democrats had been pushing for, according to reports.

With the rise of buy now, pay later, BNPL providers are expanding their services to allow consumers to use this financing option in person.

Consumers utilized extra cash windfalls to pay down debt during the pandemic, which built momentum for higher median credit scores, according to a New York Fed report.

How much a personal loan affects your credit score depends on your unique financial situation. Learn more.

The major credit bureaus have updated their rules for sending medical bills to collections, which is expected to remove nearly 70% of medical collections debt from credit reports.

More than a quarter of consumers, according to a recent survey, say that they're struggling to afford their Buy Now, Pay Later installments.

Inflation is leading to higher housing costs for low-income renters, according to an economist at the Center for Budget and Policy Priorities.

U.S. adults with unpaid health care bills experience a number of financial ramifications, according to a new survey.

A major Russian steel company is on the verge of default after Citigroup froze its debt payment.

Social Security recipients may see a higher COLA increase in 2023 if inflation persists, according to a nonpartisan advocacy group.

A study by TransAmerica found that men have more than double the retirement savings of women.

FICO score relief coming as medical collection debt will no longer be included on consumer credit reports starting in July.

Russia appears to have averted a historic debt default after claiming on Friday that it fulfilled a critical interest rate payment on two dollar-denominated bonds.

Just half of Americans were able to consistently pay their bills on time in the past year, a new survey shows. Many consumers said inflation is to blame.

Russia spirals closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.

As consumers are squeezed by the highest inflation rate in 40 years, here's how to lessen the financial impact of rising prices.

Although credit cards can offer a way to cover unexpected expenses and emergency purchases, this type of high-interest debt can be difficult to repay. Here's how to pay off $20,000 worth of credit card balances faster.

Gen Z consumers are using buy now, pay later services, but they are wary of the spending habits this option could form, according to a new study.