Tag Archives: Debt

What’s in the debt ceiling deal? Everything to know, from student loans to IRS funding

  By Michael Grothaus May 30, 2023 As of the time of this writing, many major stocks are up on (June 09, 2023)’s news that a deal to lift the United States debt ceiling has been reached between the Biden administration and House Speaker Kevin McCarthy. The 99-page piece of legislation is officially called the … Continue reading What’s in the debt ceiling deal? Everything to know, from student loans to IRS funding

What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible

  By Josh Boak—Associated Press January 19, 2023 The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are raising alarms about whether the United States can sidestep a potential economic crisis. The Treasury Department on Thursday said in a letter to congressional leaders it has started taking … Continue reading What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible

Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help

  By Jude Cramer October 12, 2022 Student loan debt affects millions of Americans, and small business owners are no exception. Amid rising inflation and supply-chain issues driving up costs, entrepreneurs also facing student loan debt have found it difficult to grow over the past year. But President Biden’s plan for student loan forgiveness could … Continue reading Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help

Build Strong Financial Foundations to Guarantee No Future Debt Problems

Build Strong Financial Foundations to Guarantee No Future Debt Problems Due / 05 May 2022   I’m not going to mince words about this. When it comes to finances, a lot of people are struggling. According to a survey by NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health, … Continue reading Build Strong Financial Foundations to Guarantee No Future Debt Problems

How Can Digital Debt Collection Play an Important Role in Fintech Success

How Can Digital Debt Collection Play an Important Role in Fintech Success Lyle Solomon / 25 Feb 2022   According to a McKinsey’s 2020 report, the international was facing numerous challenges, despite the fact that several industries rely on its expertise to recover debts from customers. The report further highlighted that many debt collection agencies could … Continue reading How Can Digital Debt Collection Play an Important Role in Fintech Success

A Guide to Coping With Debt and Financial Stress

Deanna Ritchie November 3, 2021   According to an AICPA-commissioned Harris Poll study of 1,004 U.S. adults, 56% of Americans reported that their debt has negatively affected their lives. The survey also found that 28% of debtors stated their debt caused stress in everyday financial decisions; 21% said it had caused conflicts with their partners; … Continue reading A Guide to Coping With Debt and Financial Stress