Debt News | Latest US Updates & Expert Financial Insights

401(k) Loan Crisis- IRS Rule Changes Hit Borrowers

The 401(k) Loan Crisis: Millions Can’t Repay Retirement Borrowing as IRS Rule Changes Take Effect

Washington, D.C. — A new wave of financial strain is hitting American workers as millions of people who borrowed against…

Banner image - Federal Reserve vs. The Debt Clock Can Interest Rate Cuts Help

Federal Reserve vs. The Debt Clock: Can Interest Rate Cuts Help?

Washington, D.C. – August 2025: The U.S. economy is entering a defining moment as the Federal Reserve weighs the delicate…

Banner image - US Debt Clock Crosses 34 Trillion How the Debt Impacts Taxpayers in 2025

US Debt Clock Crosses $34 Trillion: What It Means for Taxpayers

Washington, D.C: The U.S. national debt has crossed an unprecedented milestone of $34 trillion, according to the latest figures from…

Banner image- Election Year Spending and the Rising U.S. Debt Clock

Election Year Spending and the Rising U.S. Debt Clock

Washington– As the United States heads into one of the most contentious presidential election years in recent memory, a different…

Banner image- AI Credit Scoring Nightmare

AI Credit Scoring Nightmare: Why Immigrants Get Denied Loans in 2025 (Algorithmic Bias Scandals)

In 2025, artificial intelligence (AI) has transformed nearly every industry — and the financial sector is no exception. From robo-advisors…

U.S. Debt: The Need for Financial Discipline

The Debt Challenge in the USA: A Call for Financial Discipline

Debt is no longer just a personal problem but a systemic challenge affecting the entire U.S. economy. In 2024, rising… More

FTC - Annual Letter Summarizing Debt Collection Activities

FTC Provides Annual Letter Summarizing Debt Collection Activities

The Federal Trade Commission (FTC) plays a crucial role in ensuring fair practices within the debt collection industry, and its… More

FTC Takes Action Against Phantom Debt Collector

FTC Takes Action Against Phantom Debt Collector That Collected Millions In Bogus Debt From Consumers

The Federal Trade Commission (FTC) recently took decisive action against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III,… More

California Enacts New Debt Collection Legislation

California Enacts New Debt Collection Legislation

California has recently enacted a comprehensive set of debt collection laws designed to enhance consumer protection and promote fair practices… More

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