Debt

Debt is a multi trillion dollar problem in America. If you look around you, you no doubt know somebody who has debt of some kind. You probably even have debt of your own you’re looking to pay off.

Close-up of a parking meter showing the word "EXPIRED" in red text, reminiscent of an old statute of limitations run out.

The Statute of Limitations in a Nutshell

Question: I am a 23-year-old college student with a bad debt of about $12,000 with American Express. I believe the Statute of Limitations in Maryland

debt collector

Never Say That To A Debt Collector

If harassing calls from debt collectors are keeping you from answering the phone — or stressing you out — you’re not alone.

Amid the tough economy, debt collection activity has intensified, with some debt collectors engaging in unfair, abusive or illegal practices. The Federal Trade Commission says it gets more complaints about debt collectors than any other industry. In 2009, the agency received 88,190 consumer complaints about debt collectors, up 12% from the year before.

debt settlement

The Dangers of Using Debt Settlement Companies

With the average U.S. household owing more than $10,000 in credit card debt, it’s no surprise that millions of consumers are turning to debt management

credit card debt

How to Pick a Credit Card Debt Payoff Strategy

Trying to dig out of credit card debt can often feel like treading water. Although you’re making those payments every month, you still can’t seem

A woman with long brown hair, wearing a black and white striped top, shrugs her shoulders with a confused expression, as though overwhelmed by too much debt.

Warning Signs That You Have Too Much Debt

A lot of us are in denial about whether we have a problem with debt and credit management. If you’re making your payments on time

collection fees

Can a Bill Collector Add Collection Fees?

Question: I have an outstanding debt of $750 with a college which is currently handled by a collection agency. The agency is telling me my

A blue sign with "DEBT FREE" text stands in tall grass against a cloudy sky, symbolizing the triumph of careful budgeting and expert financial planning.

Should I Payoff Debt or Save My Money?

Q: I had to take out a very large loan to pay for one year of my son’s college tuition. I anticipate it taking a

old debts

Should You Pay Old Debts?

Q: I feel obligated to settle my old debts. If I settle a really old debt that has been deleted from my credit reports, does

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