Here’s how debt is changing in the U.S., how it’s impacting people in their 30s, and how Los Angeles and the rest of California compare with the national averages.
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Federal student loan debt can generally be discharged in bankruptcy only if the debtor shows that repaying the debt would impose hardship on the debtor.
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the CFPB is saying credit reporting agencies should be taking more responsibility for ensuring accuracy without the need for consumer complaints.
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Generally, anyone you’re legally indebted to can sue you if you breach your agreement to pay–for instance, by not making payment on time.
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In August, the news broke that a temporary error in Equifax’s coding had resulted in erroneous credit scores being sent to lenders.
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Two surveys conducted this spring and summer show that people in California are feeling the pinch from rising costs.
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Here’s a look at what’s driving the surge in repossession and auto loan delinquencies and what likely lies ahead.
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