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

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

Reviewed by Khadija KhartitFact checked by Yarilet PerezReviewed by Khadija KhartitFact checked by Yarilet Perez A debt collection agency is a company that attempts to collect delinquent debts from ...

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

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

WalletHub collected data from the end of 2025 and ranked the states with the most and least debt collection accounts.

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

Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...

A new warning from the Financial Business and Consumer Solutions (FBCS) disclosed that roughly 2 million people may have compromised their data due to a cyber breach that started on February 14, 2024.