Heidi N. Moore
May 31, 2012 A satirical video from political cartoonist Mark Fiore brought down the house at a conference on the risks of debt to the global financial system.
May 31, 2012 I received a large bonus, and I'm going to use it all to pay down credit card debt. I have many cards. They all have about the same outstanding balances and about the same interest rates. At one time, most of the cards were "maxed out," which was bad for my credit score. Should I pay off a couple cards entirely, or should I make larger-than-usual payments to all of them, bringing down the outstanding balances substantially below the credit limits? Thanks. Henry, Chicago, IL
May 30, 2012 I returned to graduate school and accrued about $45,000 in federal student loans. The interest rate on these 10-year loans is 6 percent, with repayment beginning in 2013. I also have a 401(k) worth about $100,000 (roughly $60,000 of my contributions and $40,000 of employer contributions). I realize that an early 401(k) withdrawal would result in a 10 percent early-withdrawal penalty and that any withdrawal would be considered taxable income. This would effectively reduce the amount the 401(k) would need to earn in order to be the better investment. Still, it can't be much less than 6 percent, can it? Is there anything about my assumptions that are wrong, or is there anything I am overlooking? Derek, Chicago, IL
Stacey Vanek Smith
May 31, 2012 As investors cope with uncertainty in Europe, the interest on the 10-year Treasury note, the benchmark cost of U.S. debt, hit a record low of 1.6 percent.
Apr 16, 2012 Peer-to-peer lending, also called social lending, is bringing together online individual lenders and individual borrowers for a fee. They cut out banks and other mainstream lenders. The innovation appears to be working.
Apr 13, 2012 Host Tess Vigeland along with Sr. Producer Paddy Hirsch and tax expert Louis Barajas answer listener tax questions and emails.
Apr 10, 2012 The U.S. national debt -- currently clocked at $15.6 trillion -- is a major issue that'll shape the election this fall. But where did it come from and what does it mean for individual Americans? A new book uncovers the numbers.
Apr 6, 2012 People age 60 and older owe more than $36 billion in student loans. Tess discusses the latest debt bubble with Marketplace Education correspondent Amy Scott.
Apr 4, 2012 She claims it was a tip; police are keeping the money as part of a drug investigation.