If you’re someone who’s opted to automate debt collection processes for your business, congratulations, you’re on the right path. Automating debt collection has become an invaluable tool for many ...

After a long pandemic pause, the federal government has flipped the switch back on for defaulted student loans, and the ...

Squeezed by the recessionary COVID-19-era economy and the rising prices of everyday goods, some consumers are increasingly turning to lines of credit to make ends meet. According to a September 2021 ...

The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

With communications technology evolving rapidly and federal regulations still in flux, ACA International, the Association of Credit and Collection Professionals, created a series of recommendations on ...

Last week, the Consumer Financial Protection Bureau said it took the first step toward considering consumer protection rules for the debt collection market. Through its Advance Notice of Proposed ...

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 ...

If you owe a debt, you should make every effort to pay it. After all, you’ve enjoyed the services or goods that your debt bought. And companies have a right to try to collect or even sell that debt to ...

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A single ambulance ride. That's all it might take for a Michigan family to fall into debt they can't shake — thousands of dollars from one night in the emergency room, owed to a hospital they thought ...