When a debt collector sells your account, the process can shift quickly. Here's what borrowers should understand.

Finances FYI is a weekly series providing straightforward finance tips and best practices to help improve financial literacy. Credit card debt is common in the U.S., with the average American carrying ...

Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.

Dealing with debt collectors can be a frustrating process, especially when you're not sure if the debt they're reaching out about is even yours. Mistakes happen, after all, and sometimes old debts ...

In week 3 of our Back to Basics series, we are talking about debt – specifically, how to get out and stay out of debt. Are you struggling with credit card debt, student loans, medical bills or car ...

At a time when America is already battling a quiet, crippling credit crisis, recent data indicates there are still paramount struggles in the way of fiscal freedom. In honor of Financial Literacy ...

Many factors go into assessing how much debt an economy can safely carry Countries incur debt by borrowing. Borrowing can enable countries to finance important development programs and projects—but, ...

The debt of the typical American family earning about $45,000 a year rose 33.1 percent from 2001 to 2004, after adjusting for inflation, according to a study based on data compiled from the Federal ...