Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...
Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.
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 ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
If you're behind on payments, you should know what the odds are that a debt collector will take legal action.
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 ...
Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
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 ...
As part of ongoing efforts from the Trump administration to streamline regulatory efforts, the Consumer Financial Protection Bureau (CFPB) is proposing changes to Larger Market Participant thresholds, ...
Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...