Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...

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Both Equifax and TransUnion recently rolled out new solutions aimed at helping collection agents get better estimations of potential recovery amounts from delinquent debtors. Both companies launched ...

The White House has recently announced a significant agreement to cancel debt for millions of American borrowers, aiming to implement this relief swiftly. This initiative is designed to provide ...

Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.

In today’s evolving financial landscape, where institutions grapple with the challenges of collections and recoveries, a quiet revolution is underway. ClearDu, a pioneering collections fintech based ...

The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial obligations – hit a record high of more than $38 trillion on Oct. 22, the Treasury ...