Before paying a debt in collections, verify that it’s both legitimate and collectible to avoid scams or zombie debt. The Fair ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Part of the issue is that the recent surge in digital lending and ...

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, ...

Dealing with debt collectors can be a frustrating process, especially when you're not sure if the debt they're reaching out about is even yours. Mistakes happen, after all, and sometimes old debts ...

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 ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Debt collection is when companies try to collect money you owe. While some debt collection is pursued by creditors themselves, ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that began as ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...