The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances.

Borrowing has become a normal part of life for most people, especially as everyday costs continue rising. Whether it's groceries, gas or housing, many Americans are now relying more heavily on credit ...

Good debt can increase your net worth and build in value over time. Bad debt is money spent on items that lose their value. Balancing good and bad debt is important to your financial wellbeing. While ...

If you’ve been around closely held businesses long enough, you know that a transfer of money between a business and its owner, or between two related businesses, is sometimes characterized by the ...

Hospital bad debt and charity care costs continue to rise nationally, with growth accelerating in several regions since 2022, according to Kaufman Hall’s “National Hospital Flash Report” released Dec.

Debt may get a bad rap, but the reality is, it's not all bad. Sure, the ideal financial situation may involve being totally debt free, but in certain instances and under certain circumstances, taking ...

Most people have incurred debt at some point, whether it be a mortgage, car loan, student loan or credit card debt. However, debt can be an issue if not managed wisely. Too much debt can be ...

According to Orman, bad debt "is where you are paying for your present day desires, but your costs are going to be your future day needs." The most common example? Credit card debt. It typically comes ...