We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt sales happen more often than borrowers realize, though, and they ...

In today's high-cost economy, millions of Americans are struggling to stay on top of their bills. And, with credit card interest rates still hovering near historic highs and sticky inflation ...

Debt collectors are heroes or villains, depending on your point of view. If you own a business and are owed money, hiring a debt collector can help you get it back. If you are the person who owes ...

The debt collection process is a system for creditors to recover overdue amounts from debtors, and it's vital for a functional credit system. However, it can cause stress and confusion for the ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Daphne Foreman is a former Banking and Personal ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

If you have unpaid credit card bills that are sent to collections, you have several options when it comes to repaying the debt. You can wait for the debt to reach the statute of limitations in your ...

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Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.