If you've fallen behind on a $5,000 debt and a collection agency is hounding you for payments, you might be worried about what happens next. Owing a few thousand dollars to a debt collector can put ...

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

The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for consumers ...

You are still responsible for missed payments even if your debt is charged off. You will likely be contacted by a collection agency to get the remaining funds owed. Study the validation notice you ...

Debt collection can be an unpleasant business, but it's a big one. The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe money on credit cards, ...

Understand your rights under the Fair Debt Collection Practices Act and report any violations to the proper authorities. Before taking any action, request information about the debt from the collector ...

Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...

Comcast is warning that hackers stole the personal data of more than 230,000 customers during a ransomware attack on a third-party debt collector, according to a court filing. The bad actors targeted ...

Add Yahoo as a preferred source to see more of our stories on Google. Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed ...