While credit card debt for May 2025 technically set a record, topping May 2024 by 3 percent, it actually marks an 8 percent ...

For decades, card-based payments have sat comfortably at the heart of financial services. They’ve been dependable, secure, ...

Freedom Debt Relief reports 25% of Americans seeking debt relief have accounts in collections, averaging over $3,000, often ...

Moody’s just issued a credit rating on Solana. Here’s what it means for crypto, tokenized bonds and on-chain finance.

If you have debt, you’re not alone. Total U.S. household debt has been hitting new record highs and credit card debt ...

Unlike debt resolution, where a fee is charged only once a debt has been settled, attorney and court filing fees for bankruptcy are paid upfront. When is credit card debt forgiveness a good idea?

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off ...

What is a debt default? When an individual doesn’t pay their debt obligations by the due date, it is known as a debt default. It applies to loan EMIs, credit card outstanding, etc.

A credit card holder who fails to pay three consecutive monthly or six non-consecutive bills may be considered in default. What happens if bank customers default on payments?

Defaulting on debt can crush your credit and finances — but taking early action can help you avoid the worst risks.

With high levels of credit card debt and high inflation, many consumers have found themselves unable to cover monthly payments, leading some to default. RELATED: The easiest states to save money ...