The federal government is resuming collections on defaulted student loans after a more than four-year pause that began during the COVID-19 pandemic, and the effects of the decision are being felt locally.

The holidays may be over, but many are still paying off their holiday debt. A survey by LendingTree found consumers accumulated an average of $1,200 in debt during the holiday season.

LendingTree has released its list of the most “debt-ridden U.S. metros,” examining which major cities have the most nonmortgage debt.

Last year, 82% of Americans had at least one credit card with an average balance of roughly $6,500.

Student loan debt is typically viewed as an issue facing younger Americans, but new research finds that the struggles aren't limited to Americans in their 20s.

Medical debt will no longer appear on the credit reports of New York residents.

The pause on student loan payments is days away.

Senate Republicans announced the Lowering Education Costs and Debt Act as their solution to address the student loan crisis, which comes days before the Supreme Court makes a decision on President Biden’s Debt forgiveness plan.

The pause on student loan payments is almost over. Without a Supreme Court ruling before June 30, interest begins on September 1, the Friday before Labor Day. The first payments on student loans in more than three years will be due in October, according to an Education Department spokesperson.

Lawmakers in over a dozen states and the U.S. Congress are tackling medical debt, which has become a leading cause of personal bankruptcy.

An increasing number of municipal, county and state governments are using federal pandemic relief funds to pay residents’ burdensome medical debt.

Help is coming for many people struggling with medical debt on credit reports.

Between stimulus payments and a pause on student loans, many of us were able to pay down our credit card balances over the past year.

Tax season and credit cards seem to go hand-in-hand like peanut butter and jelly, at least if you believe the findings of a recent study conducted by Credit Card Insider. Using SurveyMonkey to conduct an online survey of 3,114 adults from Feb. 3-5, Credit Card Insider found out the following information when it comes to how important credit cards are for people during tax season. 14% of respondents who expected to owe this year planned on using a credit card to pay their taxes. Of those expecting a tax refund, 40% had credit card debt. 75% of those with debt plan to use their tax refund toward paying it off.