Showing 13 to 24 of 47 results
Record High Student Loan Delinquency Rate Impacts 4 Million Borrowers
TransUnion reports a record 20.5% of federal student loan borrowers are seriously delinquent (90+ days past due), up from 11.5% pre-pandemic, impacting 4 million borrowers and severely damaging credit scores, as payments resume after the Covid-era pause.
Record High Student Loan Delinquency Rate Impacts 4 Million Borrowers
TransUnion reports a record 20.5% of federal student loan borrowers are seriously delinquent (90+ days past due), up from 11.5% pre-pandemic, impacting 4 million borrowers and severely damaging credit scores, as payments resume after the Covid-era pause.
Progress
44% Bias Score
Resumption of Federal Student Loan Collections Impacts Millions
The US Department of Education restarted collecting federal student loans in default on May 5, 2024, affecting over 5 million borrowers and potentially another 4 million, leading to wage and benefit garnishments and causing financial hardship for many amid economic challenges.
Resumption of Federal Student Loan Collections Impacts Millions
The US Department of Education restarted collecting federal student loans in default on May 5, 2024, affecting over 5 million borrowers and potentially another 4 million, leading to wage and benefit garnishments and causing financial hardship for many amid economic challenges.
Progress
48% Bias Score
Debt Forgiveness: Temporary Credit Impact, Significant Debt Reduction
Debt forgiveness programs temporarily lower credit scores due to payment cessation, but the damage is reversible and the debt reduction, averaging 30-50%, often outweighs the credit impact.
Debt Forgiveness: Temporary Credit Impact, Significant Debt Reduction
Debt forgiveness programs temporarily lower credit scores due to payment cessation, but the damage is reversible and the debt reduction, averaging 30-50%, often outweighs the credit impact.
Progress
40% Bias Score
Dutch Child Benefit Scandal: Debt a Factor, but Not Sole Cause in Child Removals
A Dutch investigation into 397 child removals from parents affected by the child benefit scandal found that while debt was prevalent, it never solely caused removal; other family issues were the primary deciding factors for judges, though the investigation acknowledges the significant stress debt ca...
Dutch Child Benefit Scandal: Debt a Factor, but Not Sole Cause in Child Removals
A Dutch investigation into 397 child removals from parents affected by the child benefit scandal found that while debt was prevalent, it never solely caused removal; other family issues were the primary deciding factors for judges, though the investigation acknowledges the significant stress debt ca...
Progress
28% Bias Score
\"Record High US Credit Card Debt Fuels Financial Strain in 2024\"\
US consumers held \$1.21 trillion in credit card debt by the end of 2024, a \$45 billion increase from the previous quarter; late payments also increased, indicating financial strain; debt forgiveness programs are available, but require extensive preparation and take 2-4 years.
\"Record High US Credit Card Debt Fuels Financial Strain in 2024\"\
US consumers held \$1.21 trillion in credit card debt by the end of 2024, a \$45 billion increase from the previous quarter; late payments also increased, indicating financial strain; debt forgiveness programs are available, but require extensive preparation and take 2-4 years.
Progress
56% Bias Score
Fed Holds Rates, Leaves Borrowers Seeking Debt Relief
The Federal Reserve's decision to hold interest rates steady this week dashed hopes for a rate cut, leaving borrowers with high-interest debt to seek alternative solutions like credit card debt forgiveness, debt management programs, or debt consolidation loans, each with varying long-term credit sco...
Fed Holds Rates, Leaves Borrowers Seeking Debt Relief
The Federal Reserve's decision to hold interest rates steady this week dashed hopes for a rate cut, leaving borrowers with high-interest debt to seek alternative solutions like credit card debt forgiveness, debt management programs, or debt consolidation loans, each with varying long-term credit sco...
Progress
44% Bias Score
Student Loan Wage Garnishment Resumes After Pandemic Pause
The federal government restarted wage garnishment for defaulted federal student loans on May 5, 2025, impacting millions of borrowers and potentially seizing up to 15% of their wages, tax refunds, or Social Security benefits.
Student Loan Wage Garnishment Resumes After Pandemic Pause
The federal government restarted wage garnishment for defaulted federal student loans on May 5, 2025, impacting millions of borrowers and potentially seizing up to 15% of their wages, tax refunds, or Social Security benefits.
Progress
56% Bias Score
Millions Miss Tax Deadline; IRS Penalties and Relief Options Explained
Millions of Americans missed the April 15th tax deadline; the IRS imposes penalties for late filing (5% per month) and payment (0.5% per month), but options including payment plans, Offers in Compromise, and professional help exist to mitigate consequences.
Millions Miss Tax Deadline; IRS Penalties and Relief Options Explained
Millions of Americans missed the April 15th tax deadline; the IRS imposes penalties for late filing (5% per month) and payment (0.5% per month), but options including payment plans, Offers in Compromise, and professional help exist to mitigate consequences.
Progress
36% Bias Score
Debt Forgiveness Programs: Debunking Myths and Assessing Real-World Impacts
Debt forgiveness programs reduce unsecured debt by an average of 30-50%, impacting credit scores temporarily, but not permanently, and are not scams if used with accredited companies; however, eligibility requires a minimum debt of $5,000-$10,000 and demonstrable financial hardship.
Debt Forgiveness Programs: Debunking Myths and Assessing Real-World Impacts
Debt forgiveness programs reduce unsecured debt by an average of 30-50%, impacting credit scores temporarily, but not permanently, and are not scams if used with accredited companies; however, eligibility requires a minimum debt of $5,000-$10,000 and demonstrable financial hardship.
Progress
32% Bias Score
Record-High US Credit Card Debt Fuels Demand for Forgiveness Programs
US consumers ended 2024 with \$1.21 trillion in credit card debt, a \$45 billion increase from the previous quarter, leading to higher delinquency rates. Debt forgiveness programs offer relief, but require planning and take two to four years.
Record-High US Credit Card Debt Fuels Demand for Forgiveness Programs
US consumers ended 2024 with \$1.21 trillion in credit card debt, a \$45 billion increase from the previous quarter, leading to higher delinquency rates. Debt forgiveness programs offer relief, but require planning and take two to four years.
Progress
48% Bias Score
Record Credit Card Debt and Debt Forgiveness Solutions in the U.S.
Record U.S. credit card debt hit \$1.21 trillion in 2024 due to inflation and high living costs, leading to rising delinquencies; debt forgiveness programs offer potential relief, reducing a \$10,000 debt by 30-50%.
Record Credit Card Debt and Debt Forgiveness Solutions in the U.S.
Record U.S. credit card debt hit \$1.21 trillion in 2024 due to inflation and high living costs, leading to rising delinquencies; debt forgiveness programs offer potential relief, reducing a \$10,000 debt by 30-50%.
Progress
52% Bias Score
Wage Garnishment: Legal Process, Financial Impact, and Solutions
Wage garnishment, impacting millions of Americans, involves legal seizure of paychecks to repay debts; creditors usually need a court order, but exceptions exist for certain debts. This process can severely strain budgets.
Wage Garnishment: Legal Process, Financial Impact, and Solutions
Wage garnishment, impacting millions of Americans, involves legal seizure of paychecks to repay debts; creditors usually need a court order, but exceptions exist for certain debts. This process can severely strain budgets.
Progress
28% Bias Score
Showing 13 to 24 of 47 results