Confirm the debt is yours. Before taking any action to pay off a debt in collections, verify the debt belongs to you. Gather ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

Being served with a debt collection lawsuit can feel overwhelming, especially when you're already strapped for cash and struggling to make ends meet. The sudden reality of legal action ...

Get familiar with the Fair Debt Collection Practices Act (FDCPA) to know what practices are prohibited and how debt collectors can interact with you. Never share sensitive personal information ...

International financial crises in the late 1990s underscored the importance of reliable and timely statistics on external debt as a critical element for the early detection of countries' external ...

In this article, we share a timeline of our monthly "bites" for 2024 applicable to debt collection practices. Like 2023, the theme of 2024 was ...

California's new SB 1286 amendment broadens the Rosenthal Fair Debt Collection Practices Act, extending certain consumer protections to individuals with commercial debt under $500,000. Creditors, ...