A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...

A credit default swap (CDS) is a contract that protects lenders from borrower default. Learn how a CDS works, why they’re ...

Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...

The Department of Education will soon begin garnishing wages for defaulted federal student loans. Borrowers currently in ...

Discover the key differences between loan delinquency and default, and learn how each state affects your credit score and ...

About 5.5 million borrowers are currently in default. They haven't risked wage garnishment since the beginning of the pandemic, when policymakers paused the practice.

The Trump administration in January will begin garnishing the wages of student loan borrowers who are in default. The ...

A default happens when you have skipped one or several payments in a row on a loan or credit card. Since defaulting can cause your credit (and overall financial health) to quickly plummet, you want to ...

Operating systems are designed to work on $200 laptops and $5,000 workstations and everything that comes in between, so you ...

China Vanke Co., which just days ago got a reprieve on a local bond, is back in a familiar situation, as investors in another ...

The Trump administration is set to resume garnishing the wages of some student loan borrowers who are in default beginning in ...