(NEW YORK) -- Americans saved or paid off debt with most of their pandemic stimulus payments, according to surveys from the Federal Reserve Bank of New York. For the second round of relief checks that gave $600 to eligible Americans and were issued at the... Read More.
By Sara Russell and Angeline Jane Bernabe, ABC News (NEW YORK) -- When it comes to taking out loans, the decision to go into debt is a huge financial commitment that requires a lot of thought and planning. For Jeff and Mark... Read More.
By ALLISON PECORIN, ABC News(WASHINGTON) -- Congressional Democrats, led by Senate Majority Leader Chuck Schumer and Sen. Elizabeth Warren, renewed calls Thursday for President Joe Biden to cancel up to $50,000 in federal student loans per individual.Schumer and... Read More.
By ANGELINE JANE BERNABE, ABC News (NEW YORK) -- Dominique Jackson is a journalist from Columbus, Ohio. In December, she celebrated paying off her $30,000 in student loans in three years by following advice from financial gurus Dave Ramsey and Tiffany the Budgetnista... Read More.
By JOEL LYONS, ABC News (NEW YORK) -- In 2020, ABC News' Good Morning America met the creators behind some unique methods to pay down debt. Thanks to the processes they shared, they've managed to eliminate as much as $215,000 in a few... Read More.
By KATIE KINDELAN, ABC News(PINE BLUFF, Ark.) -- Around 200 people are starting 2021 off without any medical debt thanks to the kindness of an oncology doctor who erased $650,000 of his patients' debt.Dr. Omar Atiq, a medical... Read More.
By SARA RUSSELL and ANGELINE JANE BERNABE, ABC News (NEW YORK) -- With the start of a new year and new resolutions, some may be looking to tackle their debt this year.One woman accomplished that goal in 2020 by paying off... Read More.
By NEIL GIARDINO, ASHAN SINGH and ALLIE YANG, ABC News(NEW YORK) -- Pastor Kenny Camacho has long believed the United States health care system is broken.Years ago, on the heels of a costly cancer scare in his family,... Read More.
By NICOLE PELLETIERE, ABC News (NEW YORK) -- A 29-year-old woman who adopted a former student and his brother is now celebrating being completely debt-free.Chelsea Haley of Marietta, Georgia, has eliminated a total of $48,683.41 -- the amount... Read More.
By SARA RUSSELL and ANGELINE JANE BERNABE, ABC News(NEW YORK) -- For those facing a mountain of debt, the burden can seem daunting, embarrassing and impossible to tackle.And while many across the country have debt from student loans,... Read More.
By JOEL LYONS, ABC News(NEW YORK) -- When Jordanne Wells' husband, Cedric, was about to turn 30 years old, she planned to buy him an ultimate flight simulator bundle -- a thoughtful gift given his interest in flying."I... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- Even before the coronavirus pandemic pushed government spending off the charts, the national debt was snowballing at an alarming rate.The national debt has ballooned to its highest levels since World War... Read More.