WXIN/WTTV – No one wants to get a call from a debt collector, especially if the caller is part of a shady operation known as a “phantom” debt collection scheme. The Federal Trade Commission (FTC) has ...

Governments sometimes get themselves into trouble with too much debt. Early economist Adam Smith devoted the last chapter of his famous Wealth of Nations (1776) to the topic of sovereign default. “The ...

Piling up debt through irresponsible budgeting can seem like part of human nature. In “How Countries Go Broke”, a book released in June, Ray Dalio, founder of the hedge fund Bridgewater, argues that ...

LOS ANGELES (KABC) -- Summer vacations are over, the school year is about to start, and the holidays are just around the corner. All of that, of course, costs money, and can push people further into ...