Americans have faced a range of difficult economic issues over the past few years, many of which have had a big impact on their finances. For starters, while inflation has cooled compared to recent ...

Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...

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 ...

Consumers will have the option to opt out of any electronic messages they may receive, according to the Consumer Finance Protection Bureau Debt collectors are now allowed to text, email and direct ...

Having debt in collections is an unfortunate reality for millions of Americans — especially those who are struggling with unexpected financial hardships. But while facing a debt collection issue may ...

One day last September, while trying to pay for groceries, Leslie Alvarez got the shock of her life. All the money in her bank account had disappeared. The Houston single mother called her bank. An ...

Debt collectors can now use social media to send direct messages to borrowers who owe, the Consumer Financial Protection Bureau has ruled. The agency says the updated rule, proposed last year and ...

Dealing with debt collectors can be a stressful experience, but it’s important to know your rights. Debt collectors must adhere to specific regulations that protect consumers from unfair practices.

Could your debt be reduced or forgiven? Take our financial relief quiz. Carrying a certain amount of credit card debt or auto debt may not be the end of the world, particularly if you're able to pay ...

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 ...