Could your debt be reduced or forgiven? Take our financial relief quiz. Debt collection is when a company attempts to collect payment on past-due and unpaid debt, such as a loan or medical bill. It ...

Getting calls from debt collectors can be unsettling, but if you encounter these red flags, chances are you're dealing with a ...

Americans have faced a range of difficult economic issues over the past few years, many of which have had a big impact on their finances. For starters, while inflation has cooled compared to recent ...

Understand your rights under the Fair Debt Collection Practices Act and report any violations to the proper authorities. Before taking any action, request information about the debt from the collector ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Not all types of debts carry the same risk of legal action, however.

A large debt collection company in the United States was recently accused of violating federal consumer protection laws. The Consumer Financial Protection Bureau filed a proposed order that, if ...

Medical debt has become a serious issue nationwide, despite recent changes to credit reporting rules that have removed medical collections in amounts under $500 from consumer credit reports. As health ...

When you owe money, it's not unusual for your debt to be assigned to a debt collector. Once that happens, debt collectors might start contacting you on a regular basis in an effort to get paid. But ...