If you've fallen behind on a $5,000 debt and a collection agency is hounding you for payments, you might be worried about what happens next. Owing a few thousand dollars to a debt collector can put ...

When a debt collector sells your account, the process can shift quickly. Here's what borrowers should understand.

Debt settlement requires you to pay a lump sum to creditors for less than you owe and have the remaining balance forgiven. To choose the right debt settlement company, compare the cost, eligibility ...

In 2014, a group of former debt collection executives founded Undue Medical Debt, an organization that works to “end medical debt and ensure a ...

Although Consumer Financial Protection Bureau (CFPB) priorities and mandates are undergoing shifts with the new Trump administration, the CFPB pledged in 2024 to continue its efforts to eliminate ...

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four has at least one account ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...