Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.

Finances FYI is a weekly series providing straightforward finance tips and best practices to help improve financial literacy. Credit card debt is common in the U.S., with the average American carrying ...

Say you are sitting around on a Sunday evening, getting ready to watch a professional football game on television, when the phone rings. It’s a debt collector, calling to demand payment of a debt you ...

If you receive a phone call like that, the first thing to do is to stay calm. Despite those threats, those "debt collectors" ...

At a time when America is already battling a quiet, crippling credit crisis, recent data indicates there are still paramount struggles in the way of fiscal freedom. In honor of Financial Literacy ...