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Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says
A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…
Ayelet Sheffey
Americans are experiencing 'harassment and intimidation' from medical debt collectors, Kamala Harris says. Here are 4 ways she plans to prevent that.
Biden's administration announced a series of actions to lessen medical debt, including helping half…
Ayelet Sheffey
Debt collectors are allowed to DM you on social media now
Debt collectors have to identify debtors straight away if they make contact on social media and the…
Isobel Asher Hamilton
Debt recovery best practices: Lessons learned from successful business experiences
Debt collection has always been an obstacle-ridden course for most organisations. The steep rise in…
Here's how student debt could be redefined by the nation's first debtors' union. Democracy might just get rescued in the process.
Creditors and debtors have a "power relationship masquerading as a relationship of equality," Astra…
Ayelet Sheffey
On their first date, he asked her if she had any debt. Today, they're a DINK couple in the world's most expensive city.
A DINK couple in the world's most expensive city breaks down their finances and how they think abou…
Shubhangi Goel
Dollar Rent A Car charged a customer $768 for a vehicle she never picked up and was pursued by a debt collector after refusing to pay
Abigail Eason found her credit score was affected after the rental company wrongly charged her for …
Ryan Hogg
Trump's campaign still hasn't paid the $211,000 it owes the city of Albuquerque. Now debt collectors are calling Mar-a-Lago, mayor says.
Albuquerque, New Mexico, is one of more than a dozen cities that have struggled to get the Trump ca…
Kelsey Vlamis
A married couple collected more than $1.6 million in debt collection scams across Arizona, according to lawsuit by state's attorney general
Attorney General Mark Brnovich accused the Arizona pair of posing as lawyers and law enforcement an…
Shannen Balogh
A single GOP senator blocked a bill that would stop private debt collectors from seizing stimulus checks
GOP Sen. Pat Toomey said debt collectors had every right to collect money owed, thwarting a Democra…
Tom Porter
$1,400 stimulus checks can fall prey to private debt collectors. Democrats want to prevent that.
Sen. Ron Wyden's office told Insider a standalone bill to protect stimulus checks from debt collect…
Joseph Zeballos-Roig
Biden made a major dent in the student debt crisis — and it's time he does the same for the growing medical debt load in the US, attorneys and advocates say
As millions of Americans struggle to pay back medical debt and healthcare costs are on the rise, ex…
Jason Lalljee,Ayelet Sheffey
Congress made school meals free for 2 years. Now, Republicans don't want to extend the program.
"I feel like kids are going to be embarrassed to get lunch again," a food service director in Massa…
Juliana Kaplan,Joseph Zeballo…
Mitch McConnell slams Biden's student-loan payment pause extension: 'We ought to remind people that we all pay our debts'
"This administration just can't seem to get their act together on the economy," McConnell told Fox …
Ayelet Sheffey
The Biden administration could sidestep McConnell's refusal to pay America's bills by minting a $1 trillion platinum coin
The government could technically mint a coin and decide it's worth $1 trillion. No more debt-ceilin…
Andy Kiersz,Joseph Zeballos-R…
A former tennis champion who went bankrupt in 2017 has been accused in court of hiding his trophies from debt collectors
Boris Becker, who won six Grand Slam titles between 1985 and 1996, filed for bankruptcy in 2017 ove…
Barnaby Lane
She worked as a debt collector, then faced medical bills after her daughter's hospitalization. Now, her 'debt pro tips' are going viral on TikTok.
"The fact that there are people out there thinking debt equals deadbeat ... debt doesn't equal dead…
Aaron Holmes
Elizabeth Warren says $20,000 in student loan debt 'might as well be $20 million' for people who are working at minimum wage
Warren expressed her support for protests or a debt strike should student-loan forgiveness continue…