The Education Department has suspended certain collections efforts for student loans, giving borrowers some breathing room.

After a long pandemic pause, the federal government has flipped the switch back on for defaulted student loans, and the consequences are now hitting paychecks and tax refunds. Wage garnishment, tax ...

This article was produced by Capital & Main. It is published here with permission. After a pandemic-related pause of more than five years, the U.S. Department of Education has resumed debt collections ...

The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...

Nearly 40,000 low-income veterans and their survivors receiving federal pensions may owe money because of accounting errors made over the last 12 years, but Veterans Affairs officials said they don’t ...

Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towar ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Part of the issue is that the recent surge in digital lending and ...

A trade group representing debt collectors has filed a lawsuit challenging the Consumer Financial Protection Bureau's final rule banning medical debt from credit reports, the second suit to be filed ...

CreditNinja reports that about 41% of working-age Americans (72 million) have medical debt, affecting lower-income and ...