The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

This week’s Business page in The American is dominated by a lengthy excerpt from ProPublica’s landmark study on racial disparities in debt collection, “The Color of Debt.” Reporters for the public ...

The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment and cap interest at 3%, down from ...

Denise Zencka, a mother of three in Indiana, had to file for bankruptcy because she couldn’t afford to repay her bills for treatment for thyroid cancer. And because she was unable to work, she had to ...

If you’re someone who’s opted to automate debt collection processes for your business, congratulations, you’re on the right path. Automating debt collection has become an invaluable tool for many ...

Denise Zencka, a mother of three in Indiana, had to file for bankruptcy because she couldn’t afford to repay her bills for treatment for thyroid cancer. And because she was unable to work, she had to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Part of the issue is that the recent surge in digital lending and ...

Consumer debt is at record-high levels, and the number of Americans behind on their credit card payments is also on the rise.