Each year, millions of taxpayers find themselves unable to pay what they owe to the Internal Revenue Service (IRS). But when you owe back taxes to the IRS, the initial balance isn't the only issue.

Another stressful tax season has come and gone, much to the relief of taxpayers across the nation. But while the tax filing deadline has passed, that isn't necessarily the end of the tax-related ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...

When credit card debt feels unmanageable, some borrowers look for ways to change the terms — but is that possible?

Debt is a growing problem. The latest consumer data shows that total household debt has surpassed $18 trillion and consumers owe a record $1.21 trillion in credit card debt. With so many consumers ...

(NerdWallet) – When you’re having trouble paying a credit card bill due to circumstances beyond your control, some credit card issuers may be willing to work with you through a hardship plan. Once a ...

Freedom Debt Relief reports post-holiday tips to regain budget control, including a no-spend month, reducing shopping ...

A newly-released report shows credit card debt soaring to record levels, with Americans owing more than $1.2 trilling at the end of 2024. The data, released Thursday by the Federal Reserve Bank of New ...

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With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, ...