Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...

When you apply for a credit card or loan, the bank will likely pull a credit report. Those credit reports are pulled from consumer reporting agencies. The most familiar consumer reporting agencies are ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...

Reviewed by Khadija KhartitFact checked by Yarilet PerezReviewed by Khadija KhartitFact checked by Yarilet Perez A debt collection agency is a company that attempts to collect delinquent debts from ...

When a debt goes unpaid for long enough, it can move through a series of hands, first the original creditor, then a third-party debt collector and sometimes even multiple agencies afterward. Each ...

The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...