Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

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

Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

The Mint app has shut down as of Jan. 1, 2024. For alternatives, check out CNBC Select's ranking of the best budgeting apps. Few things are as nerve-wracking as a call from a debt collector. There are ...

When a debt collector reaches out, it can be unsettling, even if you knew that you'd defaulted on your obligations and were expecting the call. Between the pressure to pay, the perceived urgency of ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

Understanding debt collection thresholds can help you navigate your options and avoid legal consequences.