Debt

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.

Urban Institute broke out debt numbers focused on South Carolinians ages 18 to 24. They're not good.

The Consumer Finance Protection Bureau is accusing Heights Finance and its subsidiaries of unethically holding thousands of customers in financial bondage in 11 states.

South Carolina’s debt situation is bad. But all is not lost. In this episode of InDebted, we wrap up the series with a look at what some of South Carolina’s greatest thinkers, lawmakers, and lenders are doing to address the Palmetto State’s ecosystem of debt.

RIP Medical Debt, a nonprofit based in New York, buys medical debt through donations, then wipes those debts clean. It's a solution rooted in its CEO's impatience with waiting for the system to fix itself.

Debt is not just a poor person's plight. People with good credit and equity are like a buffet to lenders who want a piece of your wealth. And they have fantastically complicated contract language to distract you with.

You do not need to be poor to get caught in the cycle of debt. On this episode of InDebted, a look at how even those with good credit and successful businesses can fall victim to predators and end up in financial trouble.