US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
Why debt relief makes sense with interest rates on pause
The Fed rate may be paused for now, but interest is still compounding on your high-rate credit card debt at today's high ...
It's not just America with a debt problem. World governments face the highest debt costs since 2007.
"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...
Global debt exceeds $100 trillion as interest costs surge, OECD says
Outstanding government and corporate bonds globally exceeded $100 trillion last year, the OECD said on Thursday, with rising ...
Fed leaves rates unchanged. But here are changes you can make to earn more on savings or pay less on debt
The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed’s inaction, there are ...
Debt consolidation or debt settlement — which is right for you?
For those considering debt consolidation, taking out a new loan is typically a better choice for debtors with a larger sum of ...
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Best Debt Consolidation Loan Options of March 2025
Debt consolidation is when you take out one loan and use it to pay off other debts that you have, leaving you with one monthly payment and interest rate. This can help you manage your debt more ...
Fed keeps interest rates unchanged, sticks with forecast for 2 rate cuts in 2025
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...
4 times credit card debt management is worth it (and 4 times it's not)
Credit card debt management isn't a magic solution, but it can be a powerful debt relief tool for the right person.
Government debt interest costs hit highest level since 2007
Sovereign borrowing among the high-income group of countries is expected to reach a fresh record of $17tn in 2025, compared with $16tn in 2024 and $14tn in 2023, according to the OECD report. This ...
Credit Card Interest Rates to Change Under New Bill
A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...
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Global debt exceeds $100 trillion as interest costs surge, OECD says
LONDON, March 20 (Reuters) - Outstanding government and corporate bonds globally exceeded $100 trillion last year, the OECD said on Thursday, with rising interest costs leaving borrowers facing ...