With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who ...

Good debt can increase your net worth and build in value over time. Bad debt is money spent on items that lose their value. Balancing good and bad debt is important to your financial wellbeing. While ...

Not all debt is bad. The final determination of whether a certain type of debt is good, bad or neutral ultimately depends on the person taking on the debt.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Hospital bad debt charity increased 10% year to date in 2025, driven by Medicaid changes and regional growth, impacting hospital finances nationwide.

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...

LendingTree’s study involved analyzing around 400,000 credit reports of users in July through September for 2024 and 2025, ...

Determining whether a debt has become worthless always is a question of fact which requires consideration of all pertinent evidence—including the debtor’s financial condition and the value of any ...