debt

Starting Sept. 1, student loans will continue accruing interest, and monthly bills will start up again in October.

More cardholders are carrying more credit card debt than ever before, and, on top of that, they’re paying record high interest rates.

The hard-fought deal pleased few, but lawmakers assessed it was better than the alternative — a devastating economic upheaval if Congress failed to act.

Congress faces a June 1 deadline to raise or suspend the debt ceiling in order to avoid a catastrophic default.

“I just believe where we were a week ago and where we are today is a much better place,” said McCarthy, sounding more optimistic than ever about a deal.

Are you struggling with credit card debt and considering a debt relief service? There are companies out there offering to eliminate or reduce your debt for a fee, but not all of them are legitimate.

Are you struggling with credit card debt and considering a debt relief service? There are companies out there offering to eliminate or reduce your debt for a fee, but not all of them are legitimate.

Under President Joe Biden, the U.S. Department of Education has in recent years canceled more than $66 billion in education debt.

President Biden met with congressional leaders Tuesday to discuss the nation’s debt ceiling in the face of a potential default and economic catastrophe.

Interest rates rise for the 10th consecutive time as the Federal Reserve continues to fight inflation. NBC6’s Alina Machado breaks down the different options that may help you pay off your credit cards for good.

Biden’s best hope for being allowed to move forward with his plan appeared to be the possibility that the court would find that Republican-led states and individuals challenging the plan lacked the legal right to sue.

A low credit score can hurt your ability to take out a loan, secure a good interest rate, or increase a credit card spending limit. Some reasons for a low score are out of your control — such as unexpected medical debt or a lack of credit history. But credit agencies are working to improve access to credit by giving...

The U.S. government reached the nation’s legal borrowing limit on Thursday, forcing the Treasury Department to resort to “extraordinary measures” to avoid a default.

Economists say consequences of a default on the national debt could include higher interest rates, a stock market crash, a recession and massive job losses. NBC’s Alice Barr reports.

President Joe Biden announced Wednesday that his administration is on track to reduce the national deficit by $1.5 trillion in 2022, allowing the feds to pay down the national debt for the first time in six years.

A new federal report finds that record-keeping failures by the Education Department may have left thousands of Americans stuck with student debt that should have been forgiven.