Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it ...

You might hear your creditors mention a credit card debt forgiveness letter, and understanding what this documentation is can make a significant difference in your financial recovery. So, what exactly ...

When a credit card issuer agrees to forgive a portion of your balance, you may receive an official letter stating that a portion of your debt has been forgiven. This marks a significant milestone in ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

FOR many businesses, unpaid receivables are an unavoidable part of operations. Whether arising from unpaid invoices, defaulted loans, or broken payment promises, bad debts can significantly affect a ...

Rhode Island is using a $1 million state fund to erase medical debt for thousands of residents. The state partners with a nonprofit, Undue Medical Debt, to buy and cancel qualifying debts for pennies ...