18 Scary US Debt Facts - CBS News

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18 Scary US Debt Facts - CBS News

Updated July 13, 2011 The current debate on the debt ceiling brings up facts, figures and terms that most Americans weren't taught in high school. To help out, it's time to dredge up lots of scary ...

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AIG Hit With Downgrades To Debt Ratings - CBS News

AIG's chief executive, Robert Willumstad, who has been CEO since June, has indicated he is willing to shed some assets, saying about a month ago that a "less complex AIG would be a better competitor."

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What's the best way to pay off credit card debt? - CBS News

Many Americans struggle to pay off stifling credit card debt. Is there an easier and faster way to get out of the red? Almost two in five U.S. households carry a balance on their credit cards.

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'Greatest Generation' In Debt - CBS News

Who would ever guess that the country's senior citizens are slowly drowning in debt? The "Greatest Generation" is known for its thrift, but 53.8 percent of senior households carry some debt.

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Debt Settlement Can Hurt More Than Help - CBS News

"In the past, home equity or year-end bonuses could be used to help pay off debt," she said. "But those options have disappeared, along with the ability to easily obtain a loan or additional ...

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S&P boosts outlook for U.S. gov't debt - CBS News

NEW YORK Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. S&P cited the government's strengthened finances, a recovering U.S. economy and ...

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Treasury To Buy Back Debt - CBS News

Treasury To Buy Back Debt March 7, 2000 / 10:29 AM / AP The Treasury Department on Thursday will buy back a part of the national debt for the first time in 70 years, officials announced Tuesday.

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Higher Debt Ceiling Sought - CBS News

Treasury officials, briefing congressional aides last week, said that during the week of March 20, the government will run out of maneuvering room to keep from exceeding the current limit.

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U.S. Seniors Deep In Credit Debt - CBS News

U.S. Seniors Deep In Credit Debt July 6, 2004 / 4:35 PM / CBS/AP America's seniors, who weathered the Great Depression or grew up in its shadow, have a reputation for frugality and saving.

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Gulf States Help Bankroll U.S. Debt - CBS News

Gulf States Help Bankroll U.S. Debt. Share; ... But when your credit card company gets nervous about your spending habits, it can always raise your interest payment, or cut off your credit.

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Poor Nations' Debt Scrapped - CBS News

Poor Nations' Debt Scrapped. June 11, 2005 / 10:35 AM / AP Finance ministers from the Group of Eight industrialized nations agreed Saturday to a historic deal canceling at least $40 billion worth ...

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Student loan debt crisis: How did we get here? - CBS News

Tuition and fees at public and private schools rose at roughly three times the rate of inflation between 2007 and 2018, according to a College Board survey. But Americans still see a college ...

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Debt Counseling: The Good, Bad & Ugly - CBS News

Check for Consumer Complaints: Check your state attorney general and the Better Business Bureau for any complaints filed against the company you are considering. This is a growth industry ...

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Why college loans are the worst debt - CBS News

“Good” debt was mostly in the form of mortgages because you could build equity through home ownership. Better yet, you can deduct a portion of the interest if you itemize deductions on your ...

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Bogus Debt Collectors Sweep the Country - CBS News

Bogus Debt Collectors Sweep the Country. ... they are not real debt collectors," said Alison Southwick, spokeswoman for the Council of Better Business Bureaus in Washington, D.C. ... Because the ...

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Paying off major credit card debt - CBS News

Paying off major credit card debt. By Jillian Harding November 28, 2017 / 5:28 AM / MoneyWatch Holidays and debt . We've heard the admonishments: You should pay off your credit card balance every ...

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4 ways to manage your credit card debt - CBS News

The average credit card debt for an American household is $5,700,and it rises to more than $16,000 for households that do not pay off their balances each month. Clearly, while that level of debt ...

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Questions over Dubai's Debt Woes Mount - CBS News

Questions over Dubai's Debt Woes Mount. ... Shares on the Dubai Financial Market tumbled 6.1 percent to close at 1,638.05. An accelerated slide since October has now left prices where they were at ...

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Investors ignore debt ceiling, buy stocks - CBS News

Investors ignore debt ceiling, buy stocks. ... and the Russell 2000 index of small cap stocks hit an all-time record close of 879. ... NASA hopes to end reliance on Russian Soyuz ferry ships and ...

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Unemployment Hits Credit Card Debt - CBS News

The rising unemployment rate is taking its toll on credit card debt. Outstanding loans are declining and loan defaults are rising. It's expected to get much worse as unemployment, which reached 9 ...

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