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In regard to the Friday letter from Lilia Martonak: When discussing our national debt, so many say we need to pay it off. Do they realize that 78 percent of that debt is borrowed by U.S. citizens ...
The letter or notice should include the amount you allegedly owe, the name of the original creditor and instructions on how to contest the debt if it’s not yours.
Debt can be good or bad. It is not an evil in itself. Debt allows us to develop a financial history with credit agencies. Getting into debt and paying it off elevates our score and makes future ...
President Trump is reported to have told Congress to ignore the national debt and conclude the “One Big Beautiful Bill.” The spending bill would add $3.3 trillion to the national debt over the ...
Learn about the distinctions between good debt versus bad debt. Learn how to leverage debt as a tool for financial growth while avoiding pitfalls that could hinder your economic health.
Having an account sent to collections is stressful. But consumers have options — and rights — when going through the process. Here's how to deal with debt collections.
On the U.S. Treasury books since 1945: Soviet debt for lend-lease goods usable in peacetime, originally set at $2.6 billion but later reduced to $800 million (of total wartime U.S. aid worth $10.8 ...
There are certain approaches debt collectors can take, and some they can't, when trying to collect on a debt.
Second, the idea that “Congress should…work towards stabilizing the debt to our Gross Domestic Product” is exactly backward.
What does charge-off as a bad debt mean? When a lender charges off an account as bad debt, it means it no longer intends to try to collect payment on it.