Federal student loan borrowers face serious consequences if payments are missed for too long. After 270 days of nonpayment, loans typically enter default, triggering penalties that ...

Your options to avoid collections when your student loans are in default Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. Collections ...

Don’t let high car prices and interest rates get you down; with a little precaution you’ll be just fine. Last week’s news was sort of shocking: the price of the average new car is now more than ...

Defaulting on a personal loan can damage your credit score and lead to both legal and financial trouble. If you aren’t able to make payments, talk to your lender as early as possible to avoid default ...

Defaulting on a personal loan will impact your credit, make it harder to borrow in the future and could lead to collection efforts. If the personal loan is secured, you could also lose the asset that ...

Defaulting on a home equity loan or HELOC can result in the loss of your home, as it was pledged as collateral for the debt. Being in default typically occurs after four consecutive missed payments or ...