Debt collection scams can be one of the most frightening and persistent scam types. Victims often report that scammers harass ...

The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...

Disputing debt in collections isn't just an option; it's advisable in many situations. . Every year, millions of Americans ...

One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 ...

For UK businesses, international debt collection is a labyrinth to navigate. Recovering outstanding payments is typically ...

On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion titled Debt Collection ...

Investing in AI Among the fastest growing changes for debt collectors is with the use of artificial intelligence (AI) and machine learning (ML). Almost half of companies that had no plans to use AI/ML ...

The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.

Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.

A borrower goes into default when they miss credit card payments for over 180 days, roughly six months. When there is a ...

Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers ...