The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

Understand how central banks monetize government debt by trading interest-bearing securities for cash, impacting inflation ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four has at least one account ...

Starting January 7, 2026, the U.S. Department of Education will resume mandatory wage garnishment for defaulted student loans ...

Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...

The U.S. Department of Education is resuming wage garnishment for borrowers in default on their federal student loans, ...