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 ...
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Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...
After years of warning taxpayers that the IRS will never cold call you to collect a tax debt, things are about to change as the IRS begins handing over some of its debt-collection work to private ...
Johnson has said the sale of debt owed to the city is “immoral,” on the grounds that “working people and poor people are ...
A Snapshot of Consumer Debt Credit card debt in the United States was over $1.2 trillion in late 2025. The average person ...
No business can prevent collection attempts against all their employees. When an employee starts falling behind, debt collectors begin looking for ways to contact the employee at work to speak with ...
AI-powered fintech startup, Prodigal, automates loan servicing and debt collection conversations across voice, SMS, and email ...
Starting in January, the Trump administration says it will garnish the wages of student loan borrowers who haven’t been able to make their payments for at least nine months. “It’s cruel and hostile to ...
The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, ...