Credit Counselors can work with banks to bring down interest rates in order to get debt paid off.
Americans have a $860 billion credit card balance, according to the Federal Reserve Bank of New York.
For people pushed to the edge financially, bankruptcy can be an option. One nonprofit is trying to make the choice easier and less expensive.
Thanks, in part, to the pandemic — and the low interest rates that have accompanied it.
Borrowers benefit because their debts can become less expensive.
The Tokyo Olympics is likely to lose money — potentially in the billions. Tokyo won't be the first host city to take that hit.
Who's taking on debt for what reasons, and why paying it down is good for your financial and mental health.
The average selling price of new vehicles reached a record high in late 2020. Last year also saw vehicle loan debt increase to record levels.
And that's if vaccine distribution stays on track, David Malpass says.