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

Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

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

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

Keys to collecting debt legally and successfully include preparing a policy and procedure manual and a credit application form. Attempting to Collect a Debt A measured approach to debt collection is ...

Understanding debt collection thresholds can help you navigate your options and avoid legal consequences.

On October 29, 2021 — just 32 days prior to the November 30, 2021 effective date — the Consumer Financial Protection Bureau (CFPB) released new guidance regarding the debt validation notice ...