Debt
Follow the latest Debt news, videos, and analysis from ABC News.
1 month ago

Debt wiped for Corinthian students as bigger decisions loom

President Joe Biden hasn't made a decision yet on how he'll handle the student loan debt issue, but his administration is trying to bring closure to one of the most notorious cases of fraud in American higher education
1 month ago
Student loan debt wiped clean for former Corinthian students
1 month ago

The student debt gender gap: Women burdened more by debt call for systemic changes

The burden of student debt falls on women, which leaves lasting consequences, experts say
1 month ago
Student debt burden falls on women, leaving lasting damage, experts say
2 months ago

Anonymous donor pays tab for East Texas college graduates

Officials at Wiley College in East Texas say students graduating from the historically Black college were told at their commencement ceremony that an anonymous donor had paid their balances
2 months ago
3 months ago

Tackling credit card debt amid rising rates

Americans are making more money on average, 5.6%, more compared to this time last year, but inflation is rising faster at 8.5%, the highest in 40 years.
3 months ago
Tackling credit card debt amid rising rates
3 months ago

US secretary of education talks about forgiving student loans

ABC News' speaks with Education Secretary Dr. Miguel Cardona about the latest extension deferring student loan payments, and whether President Joe Biden should forgive student loan debt.
3 months ago
US secretary of education talks about forgiving student loans
3 months ago

Mom pays off $137,000 in debt

Brandyn Rodriguez of Cibolo, Texas, shares how she tackled her debt in less than five years.
3 months ago
Mom pays off $137,000 in debt
3 months ago

Mom reveals how she paid off $137,000 debt

Texas mom Brandyn Rodriguez shares how she paid off $137,000 in debt with her husband DJ over the course of 59 months.
3 months ago
Mom reveals how she paid off $137,000 debt
6 months ago

Fit Finance: How to build an emergency fund, how much to save for it and how to avoid spending it

How to build an emergency fund, how much to save for it and how to avoid spending it.
6 months ago
How to build an emergency fund, how much to save for it and how to avoid spending it
6 months ago

How this couple used side hustles to pay off $144K debt

Anthony and Jhanilka Hartzog paid down their debt in two years.
6 months ago
How this couple used side hustles to pay off $144K debt
6 months ago

Fit Finance: Influencers share 9 tips for paying down debt in 2022

How to crunch numbers, frame your mindset and even save money while tackling your goals in 2022 and beyond.
6 months ago
They paid off $300K in debt. Here are their 9 tips to tackle your debt in 2022
7 months ago

Debt collectors can now contact you on social media

New financial rules allow debt collectors to send direct messages to users across social media platforms.
7 months ago
Debt collectors can now contact you on social media
7 months ago

Millennial Money: Sustain generosity beyond the holidays

If your finances are in better shape this giving season, you can be more strategic with your dollars
7 months ago
8 months ago

Failure to raise the debt ceiling would be a ‘catastrophe’: Yellen

George Stephanopoulos interviews Treasury Secretary Janet Yellen on “This Week.”
8 months ago
Failure to raise the debt ceiling would be a ‘catastrophe’: Yellen
8 months ago

How young couple paid off $123K in debt

Financial expert Lynn Richardson shares how you can get out of the red and save at the same time.
8 months ago
How young couple paid off $123K in debt
9 months ago

Mom’s grocery budgeting hacks help cut down $93K in debt

Best ways to save on food and household staples.
9 months ago
Mom’s grocery budgeting hacks help cut down $93K in debt
9 months ago

Couple pays off $123K in debt, here's how you can too while saving for the holidays

Anjie and RJ Muhammad paid off their student loan debt within a year with budgeting, taking on side hustles and watching what they spent.
9 months ago
How young couple paid off $123K in debt
9 months ago

How this family paid off over $200K debt in 18 months

Karen Akpan and her family made major changes after she was laid off from her job.
9 months ago
How this family paid off over $200K debt in 18 months
10 months ago

How one couple paid off $200K in debt

A couple sold their home to pay off debts and traveled the country living in an RV, starting a travel blog to make ends meet.
10 months ago
How one couple paid off $200K in debt
1 year ago

US to erase student debt for those with severe disabilities

The Biden administration says it will automatically erase student loan debt for more than 300,000 Americans with disabilities that leave them unable to earn significant incomes
1 year ago
1 year ago

Millennial Money: How to handle mixed-income friendships

You and your friends likely have different amounts of money to spend on dinners, movies and other social activities
1 year ago
1 year ago

Florida A&M University pays $16M in student debt

The school's president made the announcement during a commencement ceremony for the class of 2020, following in the footsteps of other historically Black colleges and universities
1 year ago
Florida A&M University pays $16M in student debt
1 year ago

What to know when getting a micro loan

Micro loans have helped many owners across the country expand their small businesses.
1 year ago
What to know when getting a micro loan
1 year ago

Teacher who adopted her former student and his brother eliminates over $48,000 in debt

Chelsea Haley of Marietta, Georgia, has eliminated a total of $48,683.41 in debt -- the amount she owed in credit cards and student loans with interest.
1 year ago
Teacher who adopted her former student, his brother eliminates over $48,000 in debt
1 year ago

Couple who took out $100,000 loan to start family shares how they planned to go into debt safely

Couple who took out $100,000 loan to start family shares how they planned to go into debt safely
1 year ago
Couple who took out $100,000 loan to start family shares how they planned for it
1 year ago

How to get into debt safely

A couple that took out a big loan to start a family shares their strategy for how they did it.
1 year ago
How to get into debt safely
1 year ago

How travel journalist paid off $30,000 in student debt

Dominique Jackson said she paid off her student loan debt in December by following advice from financial gurus Dave Ramsey and Tiffany the Budgetnista.
1 year ago
How travel journalist paid off $30,000 in student debt
1 year ago

Millennial Money: Managing finances on top of COVID burnout

Money is a huge source of stress for many people — and more stress is the last thing anyone needs during a global pandemic
1 year ago
1 year ago

Debt Diaries: How this travel journalist paid off $30K in student loan debt

Dominique Jackson, a journalist from Columbus, OH, paid off $30K of debt with a delayed gratification mindset.
1 year ago
Debt Diaries: How this travel journalist paid off $30K in student loan debt
1 year ago

Fit Finance: How to create a 1-year spending plan and rethink your budget

Tasha and Joseph Cochran of One Big Happy Life will guide you through the process.
1 year ago
How to create a 1-year spending plan and rethink your budget
2 years ago

To raise financially savvy kids, give money lessons a reboot

Balancing checkbooks and paying in cash are out, credit cards and digital wallets are in
2 years ago
2 years ago

2 moms who paid off more than $300,000 in debt share tips for not going into debt at Christmas

Lauren Mochizuki and Chonce Rhea each changed the way they approach Christmas.
2 years ago
Money tips for Christmas from 2 moms who paid off more than $300,000 in debt
2 years ago

This ‘budgetnista’ makes it her mission to help others tackle their finances

After paying off $300,000 in debt, Tiffany Aliche is helping others learn to budget so they can pay off their own debts.
2 years ago
This ‘budgetnista’ makes it her mission to help others tackle their finances
2 years ago

Father of 2 pays off $20K in debt with the help of ‘Bad With Money’ podcast

Jesse Manzo said his problems with money began when he was very young, and despite working two jobs and a side hustle, struggled to get ahead.
2 years ago
Father of 2 pays off $20K in debt with the help of ‘Bad With Money’ podcast
2 years ago

34-year-old pays off $300,000 in debt in 3 years with 5-step program

Bernadette Joy, creator of the CRUSH Method, is helping people let go of the shame and anxiety associated with debt.
2 years ago
34-year-old pays off $300,000 in debt in 3 years with 5-step program
2 years ago

Millennial Money: Create financial stability in shaky times

Has the whirlwind of 2020 left you with whiplash
2 years ago
2 years ago

Woman creates method to pay off $30K in credit card debt

Jordanne Wells created the Debt S-L-A-Y-E-R Method and used it to pay of thousands of credit card debt in one year.
2 years ago
Woman creates method to pay off $30K in credit card debt
2 years ago

How she paid $180K in student debt with monthly interest almost as much as her rent

Cari Swanger paid off her student loan debt in 33 months thanks in part to refinancing to lower her interest rate.
2 years ago
How she paid $180K in student debt with monthly interest almost as much as her rent
2 years ago

How newlyweds paid off over $76K in debt in less than 1 year

Georgia couple Barclay Bishop Lyles and George Lyles paid off over $76,000 in debt with financial expert advice and support from friends.
2 years ago
Newlyweds share how they got debt free in 10 months
2 years ago

How these newlyweds paid off $75,000 in debt in 10 months

Barclay Bishop Lyles and George Lyles share the secrets to their success, including cutting up their credit cards and paying off smaller debts first.
2 years ago
How these newlyweds paid off $75,000 in debt in 10 months
2 years ago

Millennial Money: 6 Great Recession lessons that still apply

The Great Recession inspired many money lessons that are relevant for the current coronavirus-related economic downturn
2 years ago
6 Great Recession lessons that still apply
2 years ago

Barbara Corcoran and Mark Cuban give viewers financial advice

The “Shark Tank” stars also talk about their recent Emmy nominations before sharing tips on side hustles and buying a home.
2 years ago
Barbara Corcoran and Mark Cuban give viewers financial advice
2 years ago

One woman weathers a career change and upside-down car loan to pay off $133,000 in debt

Amanda Williams of Debt Free in Sunny CA , along with her husband Josh, paid off more than $133,000 by making some big decisions.
2 years ago
One woman weathers a career change and upside-down car loan to pay off $133K in debt
2 years ago

How one woman paid off $133K in 4 years

Amanda Williams, who writes the blog “Debt Free in Sunny CA,” and her husband, Josh, are now redirecting money to their new bundle of joy.
2 years ago
How one woman paid off $133K in 4 years
2 years ago

How to take a high-interest loan and skip the debt cycle

High-interest payday and online lenders have long been among the few options for Americans with bad credit and lower incomes
2 years ago
2 years ago

Millennial Money: Smart moves when cash is tighter than time

Many people have more time than money this summer, which offers a great opportunity to make some money moves that are free
2 years ago
2 years ago

‘Shadow’ lenders can leave college students in the dark

Some lenders advertise their products as a way to pay for college, but these aren’t technically student loans
2 years ago
2 years ago

Millennial Money: Is it OK to never have a credit card?

When used responsibly, credit cards are a way to build credit history, but they’re not for everyone
2 years ago
2 years ago

Couple pays off debt after dream of building vacation home uncovers financial nightmare

Husbands David Auten and John Schneider, the hosts of the “Queer Money” podcast and creators of the Debt Free Guys blog, share how they paid off $51,000 in debt.
2 years ago
Husbands who dreamed of buying vacation home got real about money instead: Here’s how
2 years ago

Did you save money during the pandemic? Here is how to keep it that way

Financial expert says consider this a permanent lifestyle change
2 years ago
Did you save money during the pandemic? Here is how to keep it that way
2 years ago

The debt lasso method: A strategy and step-by-step plan to rein in your debt

Some key differences separate The Debt Lasso Method from other processes, such as the snowball method and avalanche method.
2 years ago
The debt lasso method: A strategy and step-by-step plan to rein in your debt