A Debt Collector Came After Me for $8.97
An overdue movie rental turned into a collections ordeal for one woman. Could an $8.97 debt impact your credit score?
fair debt collection practices act
When You've Passed On, Who Inherits Your Credit Card Debt?
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. Consider your credit card debt, for example.
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.
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 Boosting Budget, Oversight Duties
The Consumer Financial Protection Bureau is pumping up its budget for 2013, in part because it will start regulating large debt collectors and credit reporting companies, two sectors of that have heretofore had little federal oversight.
Abusive Collection Agency Ordered to Halt Operations
As part of its effort to crack down on scams that target Americans in financial distress, the FTC has sued more than 30 debt collection companies. On Wednesday, another one, Rincon Debt Management made the list and was shut down. Do you know your rights against abusive debt collectors?
