The time it takes debt and derogatory marks to fall off your credit report depends on the type of debt or mark involved. In general, most debt will fall off your credit report after seven years, but ...

CFPB says that in 2022 there were 1.7 million adults in U.S. who were widowed in the past 12 months. Average age was 71 and ...

Confirm the debt is yours. Before taking any action to pay off a debt in collections, verify the debt belongs to you. Gather ...

In a recent decision, the U.S. Court of Appeals for the Sixth Circuit affirmed the dismissal of federal claims brought by a ...

With the CFPB shut down, banks and lenders now face no federal oversight, putting homeowners and consumers at risk of foreclosure, fraud, and debt collection ab ...

A new wave of privacy laws and trends is emerging, shaping the industry's trajectory for the remainder of the decade.

California's new SB 1286 amendment broadens the Rosenthal Fair Debt Collection Practices Act, extending certain consumer protections to individuals with commercial debt under $500,000. Creditors, ...

An Ohio construction company that borrowed $170,000 from World Business Lenders and quickly defaulted on the loan has accused the ...

In this article, we share a timeline of our monthly "bites" for 2024 applicable to debt collection practices. Like 2023, the theme of 2024 was ...

If you're behind on debt payments, your lender might send you to collections. And while the harassing phone calls and ...

Creditors cannot have you arrested for credit card debt, but they can sue you for payment. If sued and you do not respond, a ...