You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

Since the start of 2023, Nevada has written off more than $106 million in “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada Independent ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

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. Bad debt is usually ...

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 ...

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...

Since the start of 2023, Nevada has written off more than $106 million in bad debt, money that state officials have determined is impossible or impractical to collect ...

Running a business involves risk, but unpaid invoices shouldn’t be the gamble that sinks your ship. Bad debt—money owed to ...

Consolidate credit card and other high-interest debt.