Debt Relief

Some Texas customers of debt relief company Morgan Drexen may be due some financial restitution from the company after a federal district court ruled that it had falsified evidence. However, because the company has gone bankrupt, any payments will happen through the...

Most Texas residents understand that unsecured revolving debt can be an expensive way to borrow, but they may be surprised at just how costly it can be to maintain a balance on high-interest credit cards. The amount that Americans owe to credit card companies has...

Texas residents may be aware that medical bills can sometimes continue to have an impact on credit scores long after they have been settled or paid off, and this may make borrowing more difficult to obtain and more expensive to pay back for consumers. The Medical Debt...

Credit card debt can cause a lot of problems for Texas consumers. The average amount of credit card debt carried by households across the country is $5,700. When people have high interest rates and ballooning credit card balances, it can lead to severe credit...

According to the Federal Reserve, outstanding consumer debt is well over $3 trillion, exclusive of mortgages. This may be in part because people are not being serious about eliminating debt, but failing to pay off loans can hinder someone's ability to save for...

As Texas residents may know, being able to control debt makes it easier to take out a loan, rent a home or purchase a vehicle, among other things. According to NerdWallet, the average credit card holder owes slightly more that $16,000, and about $155,000 is the...

On Oct. 27, the Department of Education announced the implementation of Revised Pay as You Earn (REPAYE). It is in an income-based repayment plan that caps borrower payments at 10 percent of their income and has been extended to all borrowers regardless of when they...

As many Texas residents may know, debt settlement might sound promising. However, unscrupulous companies may be taking advantage of a debtor's frustration and promising results they cannot provide. A major debt settlement company is facing an asset freeze along with...

Many families in Texas struggle with overwhelming credit card debt after going through a financial crisis. When times are hard, a family may start to use credit cards in order to make ends meet. Eventually, they will want to pay off their credit card debts so that...

Cases involving students in Texas and around the country being defrauded by their colleges have prompted action by the U.S. Department of Education. It has announced that it will start to develop regulations in September 2015 to establish procedures designed to allow...