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Debt News

Debt questions answered by an expert

A consumer expert answers readers' questions about debts

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Global Debt Acquisition Company, LLC (GDR) Expands Leadership Team and Announces Expanded Role as CEO for Executive ...

Global Debt Registry is pleased to announce Executive Chairman Mark Parsells will expand his role within the organization by assuming dual responsibilities as Executive Chairman and Chief Executive Officer.

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Debt Adviser: Should he sell truck to pay off credit card debt?

Dear Debt Adviser: I have two credit cards each at 13.99 percent, totaling $9,100 of debt. I also own my truck outright. It is valued at $11,000. I make $400 in total payments to my credit cards per month. My idea is to sell my truck, pay off the credit cards and buy a used vehicle for around $15,000. This would be lower than what I currently pay to my credit cards. I understand this will ...

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Biggest Holders of US Government Debt

Much of US debt is held by private sector, but about 40% is held by public entities. Here's who owns the most.

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Debt crisis: as it happened, February 3, 2012

The FTSE 100 has closed at a seven-month high after US data showing more US people are in work boosted global markets, while Greece announces it is to auction €625m of Treasury bills next week.

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Young mother with old debt fears collectors

Dear Debt Adviser,Your article, "Old debts won't hurt new loan," had a lot of valuable information I forwarded to my daughter. Twelve years ago, she was one of those 18-year-olds who was offered ...

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FTC settlement with debt collector is a message to all debt collectors

In the world of civil penalties, getting a major company to pay a $2.5 million settlement doesn't seem like much, maybe the equivalent of a $100 parking ticket. This is an ouch factor, but not financially devastating.

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