Don’t assume that you have to pay every medical bill in full, especially if you can’t afford to do so. Martin Barraud/Getty Images Medical debt tends to surface differently than debts from other types of borrowing. You don’t apply for it, compare interest rates or carefully weigh whether you can afford to pay it before … Read more
Settling credit card debt before it goes to collections may be possible, but you’ll have to put in some work. Getty Images/iStockphoto In today’s economic landscape, carrying credit card debt has become less of a temporary setback and more of an ongoing financial challenge for borrowers. With average credit card interest rates still hovering above … Read more
This is an updated version of a story first published on Dec. 17, 2023. The original video can be viewed here. The theft of Cambodia’s cultural treasures…thousands of sacred stone, bronze and gold artifacts from religious sites across the country… might just be the greatest art heist in history. It began nearly a century ago when … Read more
Completing a debt relief program is a big step, but it doesn’t automatically close the door on collection activity. Wong Yu Liang/Getty Images A mix of record-high credit card balances, persistent (and rising) inflation, and elevated credit card rates is pushing more borrowers to seek help managing their debt right now. In turn, debt relief … Read more
Debt relief can reduce or eventually stop collection activity, but it rarely happens overnight. Pla2na/Getty Images Mounting financial pressure is nothing new for borrowers in today’s economic landscape, but the pace at which it is escalating has recently become harder to ignore. Right now, for example, household debt is at its latest record high, and … Read more