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Debt

By Jonathan

Credit card debt rises to $1.26 trillion, nearing all-time record

  • Aug 12
(AP Photo/Jose Luis Magana, File)

Defaults on student loans reaching record levels

  • Jul 23

'SAVE' student loan forgiveness plan under threat from courts, Trump

  • Jan 22

Man's Mega Millions win garnished for debt he didn't owe

  • Jan 18

$180M in medical debt erased for some L.A. County residents

  • Dec 4, 2025

US household debt hits new record high: Report

  • Nov 5, 2025

Trump administration pledges to resume some student loan forgiveness

  • Oct 23, 2025

Paying off debt? 7 On Your Side shows you how to avoid scams

  • Aug 4, 2025

Latest Videos

1:05

Paying off debt? 7 On Your Side shows you how to avoid debt relief scams

  • Aug 4, 2025
2:18

More than 134,000 residents to receive notices of medical debt relief from LA County, nonprofit

  • May 16, 2025
14:55

Ask ABC7: Experts answer your questions about student loans

  • May 8, 2025
0:27

5M student loan borrowers face mandatory collections starting May 5 | What you need to know

  • Apr 22, 2025
0:35

Matt Damon joins effort launched by Kristen Bell, Tommy Marcus to help pay people's medical bills

  • Jan 7, 2025
1:57

LA County to eliminate $500 million in medical debt for thousands of residents

  • Dec 17, 2024
1:29

More student debt relief coming this fall. Here's what you need to know

  • Jul 31, 2024
0:29

Biden announces additional $1.2 billion in student debt relief for public-sector workers

  • Jul 18, 2024

Latest Stories

CNN via CNN Newsource

Judge nixes a Biden rule in order to keep medical debt on credit reports

Americans' unpaid medical bills will remain on their credit reports after a federal judge last week annulled a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such debt.

  • Jul 15, 2025

More than 134,000 residents to receive notices of medical debt relief from LA County, nonprofit

More than 134,000 L.A. County residents will soon get an envelope in the mail with the words "medical debt" on it. But, the envelope carries good news of much needed relief.

  • May 16, 2025

What the restart of defaulted student loan collection means for borrowers

The Department of Education restarts collections of loans in default on Monday, putting millions of borrowers at risk of having their benefits and wages garnished.

  • May 5, 2025
AP Photo/Jose Luis Magana, File

5M student loan borrowers face mandatory collections starting May 5 | What you need to know

A defaulted loan is a loan that a borrower hasn't made payments on for 270 days, according to the office of federal student aid. When the loan officially enters default, it becomes eligible for mandatory collections.

  • Apr 22, 2025

Industry groups sue to stop Biden from banning medical debt on credit reports

The rule ends the inclusion of medical debt on credit reports and prevents lenders from using certain medical information in loan decisions.

  • Jan 14, 2025