Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...

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

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, ...

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

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 ...

On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion titled Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt. The ...

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 ...