Collection accounts have become a common issue for borrowers in today's economic landscape. Between issues like persistent inflation, elevated borrowing rates and tighter household budgets, millions ...
Debt collection calls surged in 2025 — over 13,000 complaints in PA. Know your rights and where to get free help.
When debt collection companies start calling, most people don't know what to do.
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 ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending ...
Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...
A new rule will prohibit a certain type of bad debt from appearing on credit reports. The rule, announced by the Consumer Financial Protection Bureau, prohibits unpaid medical bills from appearing on ...
The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...
Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...