How you negotiate debt and the realistic results you can aim for vary with smaller credit unions and banks or local creditors.
Authorities arrest seven people for what they said was a multimillion-dollar scam by a debt collection company that victimized more than 6,000 people.
Debt collectors are the top subjects of senior citizens' complaints to the CFPB. And by far the No. 1 reason is being hounded for debts they didn't incur.
Though less likely to have college debt than young people, an increasing number Americans are entering their retirement years with student loan debt.
Delinquent debt is rampant among Americans, a new report finds, and some consumers don't even know that they're behind in payments and hurting their credit.
Even if you're vigilant about paying bills, a delinquent debt could be dragging down your credit score. Here's what you should know.
A Houston debt collector is fined $4 million for allegedly using false and deceptive collection practices. The company can't pay. What's the lesson here?
Debtors have rights too, and when a debt collector violates them, the FTC will step in -- eventually. But until it does, here's what you need to know to protect yourself.
It's not actually illegal for a debt collection agency to use text messaging to pursue outstanding debts. But it is illegal to do so while pretending to be a law firm.
If you are getting calls and letters from debt collectors and want to resolve the debt, you need a plan, starting with developing a strategy that makes sense for you.
Expert Global Solutions, the world's biggest debt collector, now has a debt of its own after settling charges from the FTC that it harassed consumers and broke the law.
The financial state of a majority of elderly Americans is tenuous at best. And when your older relatives die, some of their money problems can become your problems.
If you're in a shaky financial state, having someone willing to co-sign for a loan can be a lifesaver. But for the co-signer, it's not about altruism; it's a question of risk.
California's attorney general has sued JPMorgan Chase, alleging that used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders.
A grieving daughter pestered by Royal Bank of Scotland over a charge on her late father's account took his ashes to her local branch to prove that he was dead.
We all know the usual ways people try to save or generate more money to pay off their debts -- but some people go to extremes to escape those IOUs. We asked credit counselors...
When we die, we leave all kinds of things behind, including our debts. And it's not always clear what exactly happens to those obligations.
Debt collectors have time and again proven to be ruthless in tracking down delinquent borrowers, so perhaps it was only a matter of time before social media became their...
When a husband or wife dies, it's not just the emotional issues that can be overwhelming; the financial issues can be, too. Here are three important financial actions no...
Robo-signing isn't just for mortgages anymore. Credit card banks suing their customers for what they're allegedly owed are showing up to most court hearings with flawed and...
Alice Cortes had no idea a student loan was issued under her name, and she's never heard of the man listed as a co-signer. So who is Jorge Torres, and how can Cortes resolve...