Debt

U.S. Secretary of Education Betsy DeVos announced on Friday that the payment pause for student loan borrowers will be extended through the end of January.

Senate Majority Leader Mitch McConnell proposed expanding the use of 529 plans to help cover school costs during the pandemic.

Several relief measures are set to expire at the end of the year, including a ban on evictions, unemployment benefits and the pause in student loan payments.

A report on financial security shows a widening divide between the haves and have-nots amid the coronavirus outbreak and economic crisis.

The pause on student loan payments that started in March due to COVID-19 is set to end in December, meaning regular bills will resume for 42 million borrowers.

In March, federal regulators encouraged banks to waive overdraft fees amid the pandemic. Instead, the average penalty has reached a record high of $33.47.

Some financial mistakes are inevitable. But it can be helpful to learn where other people messed up so that you don’t have to.

Many Americans had barely been making ends meet before the coronavirus tipped the U.S. into a deep recession. Now, millions are falling into poverty.

Biden has called for student loan forgiveness. Now that he’s been elected, the 42 million Americans with the debt may be wondering: Will it happen?

U.S. businesses have slowed down their holiday hiring amid the pandemic. But some companies have still posted thousands of open positions.

Millions of Americans are trapped by payday lenders in a vicious high-interest debt cycle each year. There are loan alternatives.

Holiday debt typically rises every year, but in 2020 financial experts caution shoppers to stick to a budget.

Some of the best Black Friday deals of the season are already online. Here are the top picks from shopping pros.

The PBOC previously warned that reliance on borrowing to make debt repayments by some large firms could present a risk to the entire economy.

Generally, when a debt is canceled, you can expect to owe taxes. How might this look if student loan balances are forgiven?

A blended family’s financial life is tricky enough in normal times. Here’s how to navigate the pandemic.

Zambia last week opted to bow out of a $42.5 million eurobond repayment, becoming the first African nation to default on its debts in the Covid-19 era.

Jeanne Flynn lost her restaurant job in March as the coronavirus pandemic raged. It took months to get unemployment benefits, and the damage has been severe.

The pause on student loan payments that started in March due to Covid-19 is set to end in December. Here’s what borrowers should do.

If you’re like many Americans, your relationship with money could use some more attention. Staying in the dark will cost you.