Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...
Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...
Collection accounts have become a common issue for borrowers in today's economic landscape. Between issues like persistent inflation, elevated borrowing rates and tighter household budgets, millions ...
Medical debt regulations are shifting dramatically in 2026, with states banning credit reporting and federal rules in limbo. If you’re a healthcare provider, the old collection playbook might soon ...
High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...
Add Yahoo as a preferred source to see more of our stories on Google. fizkes / Getty Images Household debt in the United States hit a record $18.2 trillion during the first quarter of 2025 amid a ...
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 ...
In today’s economy, the American consumer is caught between a rock and a hard place. On one side, credit card balances have climbed to a staggering record of $1.23 trillion, a 60% increase from the ...
US HOW TO HANDLE THOSE CALLS. YOU MAY NOT KNOW IT, BUT AS A CONSUMER, YOU’VE GOT A BOATLOAD OF RIGHTS, RULES AND REGULATIONS THAT WORK IN YOUR FAVOR WHEN DEALING WITH DEBT COLLECTORS. A VIEWER ...
On March 4, the California DFPI finalized regulations under the Debt Collection Licensing Act (DCLA). The final regulations, which take effect July 1, 2025, clarify key licensing and reporting ...
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