Defaulting on multiple cards causes issues that can spiral quickly. But what happens if you take that approach?

Q: The credit-card people sent garnishment papers to my work, and within two days, they took money out of our checking account and left us with $13. My husband is talking to a lawyer about possibly - ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

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Delinquent federal student loan borrowers are staring down the prospect of wage garnishment or involuntary collections — and it’s causing them to weigh reorienting their finances, even if it means ...

Worker pulling out a paycheck from its envelope. Following the Education Department’s restart of collections on defaulted student loans in May, nearly two million borrowers could reach default status ...

You are still contractually required to pay U.S. debts, regardless of where you reside. Ignoring U.S. debt has serious consequences, including a ruined U.S. credit score and the possibility of ...

CHICAGO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Millions of delinquent federal student loan borrowers are bracing for the possible resumption of involuntary collections by the U.S. Department of Education ...