debt collection

Debt Collection Horror Stories

Debt collector horror stories abound: There are threats to dig up the dead relatives of those who couldn't pay their funeral bills, promises to imprison debtors or take their children into custody -- even warnings that pets will be killed. These are some of the latest outrageous allegations of abuse.

5 Ways Every Credit Customer is Judged

We all know that red flags like late payments or have too many lines of credit can bring down your credit score. But there are other ways banks and lenders measure all of us that you probably don't know about. Adrian Nazari, CEO of, explains.

The Most Important Item in Your Credit Report

Most of your financial life is reflected on your credit report. But there's one specific aspect that carries more weight than any other when Equifax, Experian, and TransUnion calculate your credit score -- because it accounts for more than half of the updates the credit bureaus receive.

Money Scams: How to Spot a Fake Debt Collector

Getting a call from a debt collection agency is bad enough. Getting a call from a phony debt collector trying to scam you out of money you don't owe can be even worse. The scammers are out there: Here's what you need to know to avoid becoming a victim.

CFPB to Oversee Debt Collectors

Expanding its reach, the government's consumer finance watchdog agency will monitor the day-to-day operations of big debt-collection companies. It is the first time that debt collectors have been subject to federal scrutiny of their routine business practices.

Where Does Your Spouse's Credit Card Debt Go When They Die?

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 widow or widower should delay taking -- and the answer to the pressing question in the headline above.