When a debt is sent to a collection agency, it appears on a borrower’s credit report and could impact their credit score for up to seven years. A WalletHub analysis found Wyoming had the highest ...

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

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 ...

If your old debt has been sold to a debt collector, you know how stressful the issue can be. Debt collectors can be quite aggressive when trying to collect what's owed on your unpaid credit card or ...

Debt management can help lower costs and streamline payments, but it's important to account for the costs, too.

Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...

Garland, Texas ranked as the top city for the highest debt collection accounts in the nation. Eight Texas cities, including Dallas and Houston, were in the top 10 locations with the most collection ...