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Martín Taborda's dream of graduating from Argentina's University of Buenos Aires has slipped away. Unemployed and in debt, he can't afford the bus fare or books he needs. Many young Argentines face similar struggles, with mounting household debt testing support for President Javier Milei as he prepares to seek a second term next year.
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Overall debt in Florida is increasing but slightly below the national average, according to the latest quarterly report on household debt from the Federal Reserve.
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House Speaker Kevin McCarthy says he hopes to speak with President Biden "early" to avoid a potential default on the nation's debt this summer. He raised a bipartisan 2019 deal as a potential model.
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2022 has been a rough year for America's personal finances. That's sparked a throwback movement among some young debtors: all cash, all the time.
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New policies to keep medical bills from sinking credit ratings sound good but will likely fall short for many hit hardest by debt — especially Black Americans in the South, such as Penelope Wingard.
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Bills can add up fast when you're dealing with a health crisis. And if you can't pay them, they can wreak havoc on your finances. Here's how to stay out of medical debt — or make it go away.
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Medical debt can ruin lives, and in many states patients have few financial protections. North Carolina is considering a new law that could lead the way in shielding patients from high medical bills.
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The Biden administration announced new measures to ease the financial burden of high medical bills. Here's how the measures can help and what's still missing to protect patients.
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Emmy Ross has a bunch of student debt, so when callers offered to help have the loans forgiven, she was immediately interested. The problem? They were scams.
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A short-lived program in the early 2000s allowed married couples to consolidate their student loans for a lower interest rate. Now, with no legal way to separate the loans, some want changes.
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Congress approved a measure to increase the debt limit by $2.5 trillion, shifting the deadline for default until after the 2022 midterm elections.
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Officials say the new rules are a necessary update to an outdated law, but consumer advocates worry that borrowers risk missing key information or falling prey to scammers.