Some days for Rachel Jordan start at 5 a.m. and don’t end until midnight — sometimes for multiple days in a row. “I’m just exhausted, honestly,” she said in an interview. Jordan, 43, is one of the millions of Americans who work two jobs to get by as they try to pay down debts they … Read more
NEWYou can now listen to Fox News articles! Chicago Mayor Brandon Johnson and his administration are presiding over a city in serious financial straits, as decades of mismanagement and present-day fiscal irresponsibility compound. Chicago, the nation’s third-largest city, is facing a corporate fund budget gap of more than $1 billion, while its 2025 fiscal year … Read more
Not all debts can lead to a bank levy, and not every missed payment puts your account at risk. Seksan Mongkhonkhamsao/Getty Images Debt has become harder for the average borrower to manage over the last year, even as inflation has cooled from its recent highs and interest rates have started to ease. Part of the … Read more
One of the most serious potential debt lawsuit outcomes is a frozen bank account, but there are limitations to this tactic. Aldo Ottaviani – Italy/Getty Images Dealing with old, unpaid debt isn’t just expensive; it can also be surprisingly frustrating. After all, when it comes to aging debt, the timelines for what can happen (and … Read more
WASHINGTON — The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran. The unprecedented figure highlights competing administration priorities, from passing a massive tax law and boosting defense spending and immigration enforcement to chipping away at the debt itself — the latter of … Read more
While not every unpleasant interaction qualifies as harassment, some debt collector actions clearly cross the line. Hardollin/Getty Images Over the past few years, high borrowing costs, rising prices on essentials and other economic hurdles have forced many Americans to lean more heavily on their credit cards to cover their expenses. But as interest charges compound … Read more
Can debt consolidation actually stop wage garnishment, or is it too late to take that route? Mohd Izzuan/Getty Images Americans are carrying more debt right now than at any point in recent history and the cracks are starting to show. Credit card debt is sitting at a record high, delinquency rates have been climbing steadily … Read more
It can take work to find the best debt relief company for your needs, but doing so could also pay off. Getty Images/iStockphoto Credit card balances recently grew by $44 billion in the final quarter of 2025 and the interest rate environment has made carrying that debt significantly more painful. Borrowers who are carrying high-rate credit … Read more
You don’t have to live with overwhelming credit card debt. You have options. Getty Images The U.S. economy shed over 92,000 jobs recently, inflation has held stubbornly above the Fed’s 2% target, and food prices, as well as other basic living expenses, are running substantially higher than they were just a year ago. That combination … Read more
There are several actions you can take to stop or reduce the calls you’re receiving from debt collectors. Andrii Dodonov/Getty Images The idea of debt collectors contacting borrowers about their unpaid balances is nothing new. That tactic has been used for decades to try to compel borrowers to pay what’s owed on their delinquent accounts. … Read more