Since the start of 2023, Nevada has written off more than $106 million in “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada Independent ...

The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum. How you manage it plays a big role in how it impacts your finances.

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates can go up. When the United States spends more money than it takes in ...

Virgin Galactic has announced a plan to restructure its debt and sell more shares. The goal is to push back the due date on ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

Good debt can increase your net worth and build in value over time. Bad debt is money spent on items that lose their value. Balancing good and bad debt is important to your financial wellbeing. While ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

You've probably heard or seen their advertising: Companies promising quick relief from debt by getting creditors to write off part of what they're owed. But reality often falls far short of the ...

When you hear the word, "debt," it's likely an immediate pit begins to form in your stomach. Debt means you owe money and if you don't pay it back, the balance you owe will grow even larger. But if ...