Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.
Every year, the Consumer Financial Protection Bureau (CFPB) issues a report on aggressive and illegal debt collection practices, and each year it details the shady and outright deceptive tactics debt ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt collectors are typically hired by lenders to recover unpaid debts ...
When debts go to collections, the balance can suddenly grow. Here's why that happens and what you should do next.
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Debt collection complaints are surging: Here’s why
(NewsNation) — U.S. households now owe a record $18.4 trillion in debt, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission ...
Consumer debt is at an all-time high, and along with it, a surge in complaints about aggressive debt collectors, but Action 9 ...
WASHINGTON (AP) -- An investigation has identified $25 billion in fines and other payments the Justice Department has failed to collect from criminals, almost double the amount auditors counted three ...
The most frequent consumer debt collection complaints filed with the CFPB in 2023 were attempts to collect debts that actually were not owed, the bureau said in its annual Fair Debt Collection ...
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