Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...

CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...

An unpaid debt could damage your credit score. It’s common for debts to be turned over to collection agencies after a period of time. It’s wise to request proof that a debt collectors owns your debt ...

Although Consumer Financial Protection Bureau (CFPB) priorities and mandates are undergoing shifts with the new Trump administration, the CFPB pledged in 2024 to continue its efforts to eliminate ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

Debt settlement requires you to pay a lump sum to creditors for less than you owe and have the remaining balance forgiven. To choose the right debt settlement company, compare the cost, eligibility ...