Credit card companies may settle debts for less than the full balance, but the percentage varies widely. Here's why.

It isn't always easy to pay off what's owed to the Internal Revenue Service (IRS), especially as interest and penalties begin to accumulate on your tax debt. The IRS penalties on unpaid tax debt can ...

Carrying debt has become a lot more expensive than it was just a few years ago — and that's due, in major part, to the current rate environment. Right now, the average credit card interest rate is ...

Debt settlement is one solution for unaffordable debt, and there are lawyers and companies that settle debt for their clients. However, professional debt settlement can be expensive, depending on whom ...

The final tax filing deadline for 2024 taxes has passed, but what many taxpayers may not realize is that April 15 isn't just the deadline for filing a return. It's also the deadline to pay any tax ...

American household debt has officially hit another all-time high, and the numbers behind it paint a troubling picture. According to the Federal Reserve Bank of New York's latest Household Debt and ...

The total credit card debt in the U.S. climbed to over $1.2 trillion at the end of last year, up 4.0% from just a year prior, according to the Federal Reserve. Credit cards have some of the highest ...

A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...

Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.

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 or ...

Some Credit Solutions of America clients say debt grew under guidance. DALLAS, July 24, 2009— -- In these troubled economic times, it seems as if it's impossible to turn on the radio without ...

Several recent signs are highlighting the fact that consumers are struggling to keep up with their debt payments. Bankruptcy filings jumped last year, delinquency rates remain elevated and Americans ...