All tagged debt

Op-Ed: Now is the Time to Fix the Debt

The United States faces a mounting fiscal crisis. Our national debt having surpassed $36 trillion poses a significant threat to our economic stability and national security. Interest payments on our debt have reached historic highs, overtaking defense spending as the second-largest budget item. Alarmingly, interest costs are the fastest-growing expenditure in the federal budget, limiting our ability to invest in critical public services and respond to unforeseen emergencies.

How to spot scam debt collectors

If you have bills that are past due, you might be contacted by a debt collector. But don’t be fooled: scammers often impersonate debt collectors to try to convince people that they owe unpaid debts or try to scare or threaten people to collect on non-existent debt. Being contacted by a legitimate debt collector can be stressful on its own – make sure that you look for these signs to help you spot any scam artists.