Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher ...
In a related trend, state courts are seeing a spike in debt collection lawsuits. Court filings surged in 2023 and 2024, according to a Sept. 2 report from the Pew Charitable Trusts, based on data from ...
Danske Bank admitted on Friday it had known for years that it was collecting outdated or excessive debt from customers and had not properly addressed the problem.
Being sued over credit card debt is stressful, but by responding promptly, verifying the debt's validity, understanding your ...
Knowing your rights during debt collection can protect you from harassment, misinformation and costly mistakes.
Speaking to the Pharos-Tribune, Mayor Chris Martin denied wrongdoing and said the claims were fabricated.
Consumer Financial Protection Bureau data from January shows that 14 percent of active renters still carry late fees from the ...
You have multiple pathways for settling debt, but there's no guarantee that the owner of the debt will agree to new terms. Many or all of the products on this page are from partners who compensate us ...
Florida ranks third in the nation for debt collection call complaints, with a 179% spike over the past year. Tampa is one of four Florida cities that landed in the national top 10. Nearly half of all ...
"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...
The Trump administration’s announcement this week that it will restart debt collection on defaulted student loans means some borrowers will feel the consequences as early as next month. Defaulting on ...
If your energy bill seems unreasonably high, or you’re being charged a large lump sum – even if you seem to be using more units of gas and electricity – you can complain ...