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 ...
New information from the Federal Trade Commission (FTC) on debt collection calls shows they are spiking. Almost 280,000 people nationally have complained in the last year about them, and at least 41% ...
(WJAR) — It's bad enough having a debt collector come after you when you owe money. It's even worse when you don't owe them a dime! “What these phantom debt collectors do is they will try and collect ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. In 2023 alone, the Consumer Financial ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt sales happen more often than borrowers realize, though, and they ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
Medical debt has become a serious issue nationwide, despite recent changes to credit reporting rules that have removed medical collections in amounts under $500 from consumer credit reports. As health ...
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 ...
Medical debt is a fact of life for millions of Americans, and the numbers are staggering. Roughly 20 million adults owe at least $250, while the total medical debt owed nationwide exceeds $220 billion ...
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What happens when a debt collector sells your debt?
Between lingering issues with inflation, high borrowing rates and a generally tough economic landscape, today's borrowers are struggling. Not only are more people relying on credit cards to meet their ...
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