While the results vary, a settlement could reduce your total balance significantly and can often lead to savings of 30% to 50 ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That pull gets stronger when you hear stories online about people wiping ...
Debt collectors don’t always play by the rules, and with scams on the rise, it’s important to take precautions to protect ...
The borrowing landscape can be tough to navigate right now, especially for those who are carrying compounding debt at today's high rates. Case in point? Household debt is now sitting at a record high, ...
DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...
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 ...
When a person owes money and doesn’t pay, it’s not unusual for debt collectors to get involved. It’s also not unusual for collection agencies to resort to aggressive tactics to get people to pay their ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
The idea of debt collectors contacting borrowers about their unpaid balances is nothing new. That tactic has been used for decades to try to compel borrowers to pay what's owed on their delinquent ...
TAMPA, Fla. — Sometimes it feels like spam calls are non-stop, either trying to sell you something or even take advantage of you. But if your phone is ringing because you owe money to a credit card, ...
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...