In today’s dynamic financial environment, lending businesses are under growing pressure. Rising delinquency rates, shifting customer expectations, and economic volatility are making traditional, ...

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...

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

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt can be a significant source of stress. For example, ...

Paying off collections improves your finances, but what happens to the negative mark on your credit report?

About 71% of U.S. adults surveyed say monthly debt payments prevent them from building wealth or savings, according to a recent survey by the National Foundation for Credit Counseling. "It's a reality ...

In a February 2024 report, the U.S. Government Accountability Office (GAO) developed recommendations for the IRS to bolster the results and increase the equity of its private debt collection (PDC) ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.