Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

Creditors can seize a portion of your paycheck for unpaid credit card debt, but there are limits to this tactic.

Fake debt collection is one of many all-too-familiar text scams. However, sometimes scammers will use an existing business's name and information to fake legitimacy. Recently, consumers in the area ...

Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods. The Consumer Financial Protection Bureau (CFPB) has taken a firm ...

COLORADO SPRINGS — While there are many legitimate debt collectors who contact people, there are also fraudsters who may try to get you to pay on debts that you don’t owe or on debts that don’t even ...

Zombie debt refers to old debts collectors attempt to recover, despite expiration. Discover how it works, why it's risky, and ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

If you recently got a text, email or social-media message from a debt collector, here’s one of the first things you should do: Make sure you know your rights. New Consumer Financial Protection Bureau ...

Jul. 26—WASHINGTON, D.C. — The U.S. Senate approved a bipartisan amendment by a Georgia senator Wednesday to protect military personnel from predatory debt collection methods. The amendment, offered ...

Keys to collecting debt legally and successfully include preparing a policy and procedure manual and a credit application form. Attempting to Collect a Debt A measured approach to debt collection is ...