Credit & Debt

Twitter reportedly made its first interest payment Friday on about $12.5 billion of debt that Elon Musk used to purchase the social media platform last year.

American banks increased reserves to prepare for potential defaults on credit card debt, student loans, and other personal loans to prepare in case of a recession.

Changes to the income-driven repayment plans from the Biden team could cost more than double what the White House projected, according to Penn Wharton.

Americans apparently do not plan on skimping when it comes to spending money on their sweethearts this Valentine's Day, despite consumers feeling the squeeze of inflation.

China clapped back at U.S. Treasury Secretary Janet Yellen after she accused Beijing of being a debt reform 'barrier' for Africa and told Washington to 'cope with its own debt problem.'

The U.S. government bumped up against the debt limit last week, prompting the Treasury Department to take emergency measures to avoid a potential default.

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As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.

Rep. Dan Meuser calls out Democrats' "excessive, wild, wasteful" spending impacting interest rates, Social Security, the labor sector, housing and Medicare.

Amidst high inflation and home prices, mounting credit card debt is preventing many Americans from becoming homeowners.

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

Want to be sure you have the credit score needed for a mortgage? Learn what lenders are looking for to get approved to buy a house.

JPMorgan Chase CEO Jamie Dimon on Thursday weighed in on the debt ceiling, telling CNBC that it is "not something we should be playing around with."

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Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He on Wednesday in Switzerland, pushing an effort to prevent "anything even near conflict."

If Congress fails to raise the roughly $31.4 trillion federal debt limit by June, it could trigger a "self-inflicted" recession and "severe" market pain.

Ramsey Solutions founder and CEO Dave Ramsey and financial expert Rachel Cruze break down the key ways Americans can manage and grow their wealth in 2023.

The U.S. government will reach its statutory debt limit next Thursday, according to a letter from Treasury Secretary Janet Yellen notifying Congress.

Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.

LendingTree chief credit analyst Matt Schulz discussed how to battle credit card debt amid high inflation.