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

Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...

Credit card debt in America has reached unprecedented levels, with total consumer credit card balances surpassing $1.17 trillion in 2024. This marks a concerning increase from the previous quarter and ...

Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...

Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The decision to send someone to collections is one ...

Medical debt collection is a highly sensitive and complex process made more challenging given today’s inflation and rising delinquency rates among patients’ broader consumer debt load. Many patients ...

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

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 ...