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 ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt sales happen more often than borrowers realize, though, and they ...
NEW YORK (WABC) -- Nearly 71 million Americans have debts that have gone into collections. So, what do you do if a collector calls? Don't panic, Nina Pineda has your consumer bill of rights. One of ...
New information from the Federal Trade Commission (FTC) on debt collection calls shows they are spiking. Almost 280,000 people nationally have complained in the last year about them, and at least 41% ...
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, ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
Medical debt is a fact of life for millions of Americans, and the numbers are staggering. Roughly 20 million adults owe at least $250, while the total medical debt owed nationwide exceeds $220 billion ...
DALLAS — Many Americans almost saw their credit scores improve under a rule that was finalized late in the Biden presidency. But ultimately, the rule was killed after President Biden left office. The ...
TAMPA, Fla. — Sometimes it feels like spam calls are non-stop, either trying to sell you something or even take advantage of you. But if your phone is ringing because you owe money to a credit card, ...
China has shifted from the world’s largest creditor nation to the globe’s biggest debt collector. Central Asian states owe billions to Chinese entities, but their geographic importance to Beijing is ...
Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...
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