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 ...
Debt collection is a legitimate business — when done legally. But too often, debt collectors choose to push the boundaries, especially when they assume the person on the other end of the line isn't ...
When debt collection letters start arriving with phrases like "court action pending" or "final notice," many borrowers assume it's simply a scare tactic with legal-sounding language designed to ...
Debt collection activity has been surging over the last year, and, perhaps unsurprisingly, this uptick is occurring at a time when many borrowers' finances are already stretched thin. Higher interest ...
If you’re behind on debt payments, your lender might send you to collections. And while the harassing phone calls and persistent tactics of some debt collectors can drive you mad — there are many ...