Senators and advocates are sounding the alarm about a potential “tax bomb” that could impact student loan borrowers in 2026.

Struggling with tax debt can be an overwhelming experience, creating financial and emotional stress. It can lead to a cycle of penalties and mounting debt that feels impossible to escape. However, ...

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Advocates and lawmakers are warning that recent legislative changes could result in substantial financial penalties for student loan forgiveness.

U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026. Beginning January 1, student loan debt forgiveness could carry a high tax liability.

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...