Defaulting on federal student loans, defined as being 270 days past due, can lead to wage garnishment and withheld federal ...

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 ...

Several factors could contribute to a coming wave of student loan defaults. Here's what borrowers can do.

The first step in avoiding default is to know your current loan status. Ignoring your student loan balance and late notices can exacerbate the situation. Log into your student loan account at ...

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 ...

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 ...