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

High credit card balances and steep interest rates are pushing more people to consider debt settlement, but programs are not ...

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

The 48-hour debt collection rule is shaking up the financial world, speeding up account freezes, and demanding new levels of ...

Top debt collection specialists urge UK companies to adopt proactive measures to protect their financial stability.

A 52-year-old faces a financial crisis with a plummeting credit score and mounting debt collections. Caleb Hammer breaks down the numbers and discusses the impact. Opinion: The dog that didn’t bark on ...

NEW YORK/LONDON, Jan 4 (Reuters) - The toppling of President Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign defaults - into the limelight.

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. By Tara Siegel Bernard Student loans have long been ...

The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, the US Education Department said Tuesday, a long-promised move that ...

Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.

Oracle's stock is coming off its worst month since 2001 due to Wall Street's concern about the company's debt obligations tied to artificial intelligence. In the company's earnings report on Wednesday ...