Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...
Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.
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 ...
Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...
The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...
The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for consumers ...
High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...
In Barclift v. Keystone Credit Services, LLC, the Philadelphia-based United States Court of Appeals for the Third Circuit determined that a Consumer did not have standing to sue under Fair Debt ...
Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...
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