Since the start of 2023, Nevada has written off more than $106 million in bad debt, money that state officials have determined is impossible or impractical to collect. There were four businesses ...

A fight over whether New Jersey debt collectors face liability for unlicensed consumer lending is forcing state justices to confront whether the Legislature quietly jettisoned a century of private ...

The Trump administration is preparing to pull unpaid federal student loans directly out of workers' paychecks, ending a long ...

Credit card balances are climbing at a pace that is starting to look less like a blip and more like a structural shift in how ...

Christmas lunch is over, all the presents are unwrapped. Now comes the hard part: paying for it all. Here are some steps to ...

The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, the US Education Department said Tuesday, a long-promised move that ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

When a debt collector reaches out, it can be unsettling, even if you knew that you'd defaulted on your obligations and were expecting the call. Between the pressure to pay, the perceived urgency of ...

The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But many borrowers don’t respond to the suits and lose by default. By Ann Carrns ...