Republicans in Congress are hashing out a new tax cut and spending bill that's projected to add trillions to the national debt. Economics correspondent Paul Solman explains the ballooning national ...

Over the past few months, Celina Damian's phone has been ringing off the hook with one bewildered, anxious question after another: "What kind of loan is this?" "Am I in default?" "Will the government ...

If you're unemployed and can't pay your debts, your creditor may be open to settling for less than what you owe, especially ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

In some states, an income of more than a quarter of a million dollars may be necessary for a family to “live comfortably.” ...

People may think that paying bills on time ensures a high credit score. That’s a myth, experts say: payment history isn’t the ...

Whenever the interest rate charged for a loan is lower than the discount rate, the present value of the debt is smaller than its face value, with the difference reflecting the (positive) grant element ...

The Internal Revenue Service... How to Calculate Long Term Debt Interest on Financial Statements. Long-term debt is a loan... What Falls Under a Long-Term Debt?. Long-term debt is any debt that ...

Higher government bond yields are pushing up the cost of mortgages, credit cards, and other loans — but they’re also ...

Confirm the debt is yours. Before taking any action to pay off a debt in collections, verify the debt belongs to you. Gather ...

Freedom Debt Relief provides some simple, money-saving steps to follow while car shopping in the current auto market.

In these situations, subordinated debt is a financing option your firm may want to use to raise needed capital when other sources aren't forthcoming. Should a business become insolvent ...