Debt forgiveness can be a smart strategy to use, but for some borrowers, it creates more problems than it solves.

A new House bill would change how student loan forgiveness credits are calculated for borrowers who lose their jobs, ...

Debt is a heavy burden for many Americans, causing stress and financial hardships for individuals and families. However, you may be surprised to find that not all debt is set in stone forever. In some ...

The Trump administration is changing many of the ways borrowers can have their student loans discharged.

U.S. household debt hit a record $18.8 trillion in 2025, according to the New York Fed, fueld by increases in mortgage, ...

A frozen bank account signals serious debt trouble, but it can also be the moment to resolve the issue for good.

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 ...

Starting this year, borrowers who get their federal student loans forgiven could face big tax bills. The new rule will apply to those in income-driven repayment plans, which limit monthly payments to ...

Student loan debt is the fastest-growing type of debt in the U.S. More than 43 million Americans carry federal student loan debt, with an average balance of more than $37,000. When the Biden ...

Consumer adviser Clark Howard warns that promises of student loan debt forgiveness are likely scams. Millions of Americans overwhelmed by student loan debt are targeted by scammers pretending to offer ...

The right debt relief strategy can reduce what you owe, but the process has tradeoffs that aren't always obvious.