Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.
Nearly 71 million Americans have debts that have gone into collections. So, what do you do if a collector calls? Don't panic, Nina Pineda has your consumer bill of rights.
Carrying debt into retirement can strain your finances—here’s how to strategically pay it down and protect your fixed income.
Honolulu Federal Credit Union (HOCU) is on a mission to equip the community with the financial tools and confidence needed to ...
When debt feels overwhelming, it can be hard to imagine how any general one-size-fits-all advice can lead to financial freedom. Financial therapists suggest that a relationship with money is emotional ...
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...
When a debt collector reaches out, it can be unsettling, even if you knew that you'd defaulted on your obligations and were expecting the call. Between the pressure to pay, the perceived urgency of ...
If you’ve ever had old debt hanging over your head, you know how stressful it can be. Collection agencies are experts at getting people to pay off old debt, and they have a toolbox full of tactics to ...
The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But many borrowers don’t respond to the suits and lose by default. By Ann Carrns ...