When it comes to having credit card debt forgiven, not all borrowers will qualify. Boy_Anupong/Getty Images As we inch closer to the end of 2025, the numbers tell a sobering story about the credit card debt issues Americans are facing. Case in point? The total amount of credit card debt nationwide surpassed $1.2 trillion in…
Article Banks are committed to helping their customers manage through financial difficulties. If you are struggling because of job loss or other strains on your finances, talk to your bank. They might be able to help. Do you have debt problems? It’s likely you have a debt problem if: You can’t make your minimum monthly…
BURLINGTON – Sen. Bernie Sanders (I-Vt.), Ranking Member of the Senate Committee on Health, Education, Labor, and Pensions (HELP), alongside 10 Senate colleagues, sent a letter to Education Secretary Linda McMahon expressing outrage over the Trump administration’s decision to indefinitely pause student loan forgiveness under the Income-Based Repayment (IBR) plan. The senators asked for clarity…
The borrowing limit for a line of credit is usually higher, but so is students’ responsibility; they are required to pay interest immediately on any money they borrow, even while they are in school, and repayment assistance programs are generally not available. For some students, a line of credit can be a helpful supplement to…
Online gaming addiction has become a nationwide crisis, with rising cases of suicides, debts, and financial ruin across India. Families are losing their life savings, with over ₹20,000 crore lost annually and 45 crore people impacted. Tragic incidents — from Siliguri to Telangana — highlight the growing dangers of online betting, money gaming, and gambling.…
As Finland prepares to end its monopoly, a new study has warned the transition to a licensing model needs to be “carefully designed” to alleviate problem gambling concerns. A study in Finland has found online gambling ads contribute to problem gambling and financial harm, especially among online offshore gamblers. The study was conducted by Iina…
Sen. Bernie Sanders is the ranking member of the Senate committee on education. Matt McClain/The Washington Post/Getty Images Education Secretary Linda McMahon received a litany of demands this week from Sen. Bernie Sanders and 10 Senate Democrats, who criticized the way her department quietly cut off access to loan forgiveness for some eligible borrowers. The…
Trump set to bar college graduates from debt relief program if employers undermine ‘American values’ MSN Read the original article here
Q2 2025 Debt Index: Some relief, but many consumers are still reliant on loans to deal with the cost of living MSN Read the original article here
(InvestigateTV) — Debt collection calls, texts, and emails can be scary and overwhelming. Naomi Peden, Senior Housing Counselor with Money Management International, said collection calls are getting more aggressive. Because of this, consumers, especially those who do not know their rights, feel pressured to make immediate decisions, even when it is not required. Penden regularly…