Understanding debt collection thresholds can help you navigate your options and avoid legal consequences.
Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...
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What does it mean if your bad debt is charged off?
A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...
(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 ...
In today’s economy, the American consumer is caught between a rock and a hard place. On one side, credit card balances have climbed to a staggering record of $1.23 trillion, a 60% increase from the ...
Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.
Add Yahoo as a preferred source to see more of our stories on Google. An illustrated image of a box with the word 'debt' on it carrying a house, a car, and a credit card NARIN EUNGSUWAT / Getty Images ...
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