DEBT

Homeowners going through divorce may be able to keep a low-rate mortgage, but advisers say affordability, equity, and future costs matter more than interest rates.

Explore the financial and psychological factors influencing the decision to pay off student loans or invest, including interest rates, psychological benefits, and the impact of federal loan programs.

Robert Kiyosaki says his $1.2B debt is a strategic move to build wealth through income-generating assets, while urging others to understand debt before using it.

A 68-year-old widow says she's still paying hospital bills six years after her husband's death, sparking debate over medical debt, estate laws, and whether families unknowingly take on liability.

A borrower reports that their Sallie Mae student loan balance tripled, highlighting issues with private loan capitalisation and repayment challenges.

A Reddit user tackled $11,000 in high-interest credit card debt with a strategic balance transfer plan. Learn effective debt management tips and avoid financial pitfalls.

Debt relief is finally reaching cheated-for-profit college students: discover who qualifies, the key deadlines, and why no federal income tax bill follows.

Sarah Reeve and Lee built a strong financial partnership by prioritising debt clearance before marriage, leading to 25 years of disciplined financial management and shared goals.

A 70-year-old man seeks advice from Dave Ramsey on managing student debt and securing housing before retirement, highlighting the challenges of financial planning in later life.

Dave Ramsey advises against a marine loan for a $650,000 catamaran, despite a $3M net worth, citing challenges in accessing retirement funds and the importance of strategic financial planning.

A Seattle couple cleared debt and invested $278,000 in an unopened coffee shop. Dave Ramsey's blunt verdict highlights the risks of business debt and the importance of financial planning.

A young man with $30,000 in gambling debt was advised against bankruptcy by 'The Ramsey Show'. Learn about gambling addiction and the importance of addressing its root cause.

An American orthodontist faces $1 million in student loans, with Dave Ramsey's advice on managing high-interest debt. Learn about strategies and challenges in tackling substantial educational loans.

A woman's account of her husband's failed Bitcoin mining business reveals a $600,000 debt, leading to bankruptcy and marital strain, as they consider selling their home.

Student debt affects over 3 million Americans aged 62 and older, delaying retirement and impacting Social Security benefits. Learn about the financial strain and challenges faced by older borrowers.

The challenges of a UK student who saved £20,000, only to have a parent borrow £3,000 and refuse repayment. Explore the emotional and legal implications of family financial disputes.

People with unpaid benefit debts could face court-approved driving bans and direct bank deductions under the DWP's new debt recovery powers, introduced to address welfare fraud and unpaid debts.

HMRC is reinstating its Direct Recovery of Debts powers to recover unpaid taxes. Safeguards protect vulnerable taxpayers, and communication with HMRC is key to avoiding enforcement action.

A Mississippi father admits to using his four-year-old son's £7,600 savings for holidays, calling it an interest-free loan. Critics warn of a £30,400 future loss.

A 77-year-old California retiree lost $177,000 to a scam, raising questions about financial institutions' roles in fraud prevention. The loss has forced him to seek work during retirement.

US student loan forgiveness notifications are being sent to borrowers from colleges accused of misconduct, offering relief amid rising inflation and economic uncertainty.

Rising debt, including credit cards and federal obligations, impacts American retirees' finances. Learn strategies for managing housing costs and securing your retirement.

An American man faces $77,000 in medical debt, job loss, and a declining credit score after a 2025 gunshot injury. His story highlights the broader impact of the US medical debt crisis on financial stability.

A Reddit user found a $30,000 debt on their credit report due to parental misuse and resolved it by understanding their status as an authorised user.

A major overhaul of the US federal student loan system starts July 1, affecting repayment plans and borrowing limits. Borrowers should review options to avoid surprises and stay eligible.

A viral X post calls the American Dream a 'scam', highlighting Gen Z's struggles with £70,200 average debt and just 3% homeownership, revealing systemic issues.

Student loan interest can drastically increase your debt, with US student loans now totalling $1.84 trillion. Learn about the impact on borrowers and explore solutions to manage your financial future.

A master's degree holder struggles to find employment despite applying to over 300 companies, highlighting the disconnect between education and job security in the current US job market.

US student loans remain a burden, with many borrowers facing increased debt despite years of payments without realising the impact of compounding interest rates.