Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...

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

In today’s dynamic financial environment, lending businesses are under growing pressure. Rising delinquency rates, shifting customer expectations, and economic volatility are making traditional, ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...

The right strategy can help you wipe out debt in just six months. Here are eight steps financial expert Ramit Sethi suggested in a recent YouTube video.

In a February 2024 report, the U.S. Government Accountability Office (GAO) developed recommendations for the IRS to bolster the results and increase the equity of its private debt collection (PDC) ...

Unsecured debt refers to loans that are not backed by collateral. Because they are riskier for the lender, they often carry ...