It can be easy to fall into debt, especially if you tend to overspend or you have no choice but to pay for necessities with a credit card. But getting out of debt is often much harder when ...

Last year, we spent more servicing the federal debt than we did on national defense. No one is saying that a country can’t hold any debt, but ours, pumped up by COVID-era spending, is at its ...

That day, the federal debt was $33,990,127,522,066.83. A year later, on Jan. 2, 2025, it was $36,169,957,618,760.21 -- marking a one-year increase of more than $2 ...

You get a windfall that could pay a lot, but not all, of your debt in one lump sum. Debt settlement comes with risks. Because you’re asked to stop making payments as part of the debt settlement ...

Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising government debt as causing the move. Student loan delinquencies have surged ...

House Budget Chairman Jodey Arrington made the case that Trump's "One Big, Beautiful" bill is just the beginning of the effort to control the national debt, during an interview Friday on the ...

Not a Quick Fix: Debt relief generally takes 24- 48 months. It requires patience and sticktoitiveness in order to get through. This can potentially be a turnoff to some customers. Credit Score ...

If the various debts, payments and interest rates are overwhelming, consider consolidating your debts into a 0 percent balance transfer card or debt consolidation loan. Doing so will create one ...

House Budget Chairman Jodey Arrington made the case that Trump's "One Big, Beautiful" bill is just the beginning of the effort to control the national debt, during an interview Friday on the ...

Dubbed by the president as “one big beautiful bill,” the proposed legislation would extend Trump’s 2017 tax cuts while raising the debt limit by $4 trillion. It would also boost spending for ...

Moody’s decision tells us that this fiscal path has costs. One is the willingness of investors to buy Treasury debt without getting a higher interest rate to reflect the growing fiscal risks.