Debt collectors cannot discuss your debt with anyone other than you, your spouse (in some cases) or your attorney. They cannot leave messages with co-workers, relatives or friends disclosing that you ...
You can directly dispute debts with a debt collector by requesting debt validation within 30 days of first contact. To do this, you'll write a detailed letter demanding proof that you owe the debt and ...
The Consumer Financial Protection Bureau announced regulations during Biden. It is uncertain if those regulations will remain ...
Record inflation and other economic factors are fueling another wave of scams in the Upstate, according to the Better ...
Global Debt Collection Agencies Market set to grow to USD 41.7B by 2033 from USD 32.2B in 2024, at a CAGR of 2.90%. The financial Services segment also held a dominant market position in 2023 ...
And, if you fall too far behind, it can create a ripple effect, eventually leading to debt being handed over to a collection agency. Once your debt reaches collections, it can feel like you're ...
Experts say this issue is not just about unpaid bills; it’s about long-term consequences that can affect credit scores, economic stability, and even future homeownership.
A collection on your credit report refers to an unpaid debt your creditor passed along to a third-party collections agency to chase the owed money on behalf of the creditor. The collection's ...