Debt

In 1990, our country’s debt was 40 percent of G.D.P. Now, it’s 100 percent and rising. Does it matter?

In 1990, our country’s debt was 40 percent of G.D.P. Now, it’s 100 percent and rising. Does it matter?

Mike Switzer interviews Gyles Laney Headley, a certified financial planner with Jeter Hrubala Wealth Strategies in Isle of Palms, SC.

Mike Switzer interviews Gyles Laney Headley, a certified financial planner with Jeter Hrubala Wealth Strategies in Isle of Palms, SC.

Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business at the University of South Carolina in Columbia, SC.

Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business at the University of South Carolina in Columbia, SC.

Zombie debt is when an expired debt is reactivated and puts you back on the hook to pay it. If there's a mortgage tied to it, you could face a foreclosure.

Debt collection companies oftentimes don’t have good reputations. But they do provide a necessary service or they wouldn’t exist. Sometimes, a company needs help collecting bad debts and sometimes the person or company owing the debt needs an affordable payment solution.

Debt collection companies oftentimes don’t have good reputations. But they do provide a necessary service or they wouldn’t exist. Sometimes, a company needs help collecting bad debts and sometimes the person or company owing the debt needs an affordable payment solution.

A bill filed by State Sen. Tom Davis (R-Beaufort) forgoes the effort to set a rate cap in favor of outlawing marketing tactics used by installment lenders.