If you default on a 401(k) loan, the balance is usually treated as a taxable distribution. This may result in income taxes and, if you are under 59½, a 10% early withdrawal penalty. It can also reduce ...

On May 5, the Education Department will begin involuntary collection for Americans with student loans in default. According to a statement from the Education Department, the Treasury Department’s ...

If your loans are in default and you received a letter that your account will be transferred to collections, here's what to do. Tiffany Wendeln Connors was a senior editor for CNET Money with a focus ...