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Debt collectors in New York may soon be prohibited from contacting individuals through social media platforms like Facebook or Instagram.
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State Comptroller Tom DiNapoli responded to Gov. Kathy Hochul's $227 billion budget plan last week, approving of increased reserves but warning against other spending and debt issues with the proposal.
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Credit card debt is on the rise again, according to the Federal Reserve Bank of New York. The Syracuse Financial Empowerment Center offers free help to Onondaga County residents that are struggling with their own debt.
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Two bills passed in May introduced measures that aim to prevent predatory hospital billing, a practice that has led many Americans to face medical debt.
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A Washington D.C.-based advocate for addressing the growing student loan crisis says Congressmember John Katko is the lone remaining republican who has…