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

Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

While the days of debt collectors sending sheriffs to your home are long gone, for some, contemporary debt collection methods can still cross the line. In an unprecedented recent ruling, the Federal ...

If you owe a debt that is significantly delinquent–usually 90 days or more past due–your lender may decide to either assign or sell your debt to a third-party debt collection agency. This is sometimes ...

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

No business can prevent collection attempts against all their employees. When an employee starts falling behind, debt collectors begin looking for ways to contact the employee at work to speak with ...

Could your debt be reduced or forgiven? Take our financial relief quiz. When you let credit card payments, loan payments and other bills go unpaid for long enough, debt collectors eventually come ...