The Consumer Financial Protection Bureau (CFPB) is on a mission to protect consumers from illegal medical debt collection practices. It issued advisories in October identifying illegal practices and ...
Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...
Collection accounts have become a common issue for borrowers in today's economic landscape. Between issues like persistent inflation, elevated borrowing rates and tighter household budgets, millions ...
Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...
Colorado is seeing a sharp rise in complaints about debt collection calls, and consumer advocates warn that some of them may cross the line into abusive — or even fraudulent — behavior. Gold and ...
The wise minds at Moody’s Investors Service finally acknowledged last week what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...
As inflation continues to hit families across the U.S., a new survey has revealed that credit card debt is a growing concern for more than half of Americans. According to exclusive poll data from a ...
The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains ...