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

WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...

Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, even after the legal window to sue has closed. I want to walk through how long ...

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

But the ways debt collectors can contact you are about to change. After seven years of review and deliberation, the Consumer Financial Protection Bureau (CFPB) has finalized revisions to the Fair Debt ...

The CFPB has proposed new debt collection rules that are really, really bad for consumers; Watch out when using Paypal and Venmo because scammers are finding more ways to get access to your money via ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...

The pressure is off for collectors of debts owed by New Yorkers for now, under a New York City regulation that has been years in the making, and which has already seen its effective date postponed ...

New York City’s recently amended debt collection rules — scheduled to go into effect on December 1, 2024 and which would stringently regulate various debt collection activities by debt collectors ...