Learn about distressed borrowers, the challenges they face, and effective strategies like forbearance and loan modification ...

LOS GATOS, Calif. (KGO) -- 3.5 million Americans have contacted their mortgage company, saying they can't afford their monthly payment. The Mortgage Bankers Association tells us that's an astounding ...

Making ends meet right now is a challenge for many Americans – which has them turning to mortgage forbearance. However, consumer advocates say the process needs to be handled better. Consumer Reports ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

・Forbearance lets you pause student loan payments temporarily but interest continues to accrue during that time. ・It should only be used for short-term hardship, since repeated or extended forbearance ...

Under the terms of a proposed Education Department settlement announced this week, millions of student loan borrowers would soon have to make payments on their debt again. The agreement centers on ...