A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

In quarter three of 2023, America’s personal loan finances totaled $241 billion, compared to $210 billion a year prior, making it a 14.8% change, TransUnion statistics showed. Personal loan debt ...

Dealing with debt can be difficult, but when debt collectors start calling, it can feel overwhelming. New data reveals debt collection calls are surging across the country and in the Delaware Valley.

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

The U.S. Department of Education is resuming wage garnishment for borrowers in default on their federal student loans, marking the end of pandemic-era relief measures. Starting January 7, 2026, wage ...

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 ...

The WalletHub study found the average number of collection accounts per Dallas resident is 3.15, with an average balance per account of nearly $1,600. MarianVejcik / Getty Images/iStockphoto Several ...

A debt consolidation loan can help you streamline credit cards and other high-interest debt, but favorable terms often require a higher credit score Written By Written by Staff Senior Editor, Buy Side ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Debt collection happens when you fail to repay a debt you owe, such as credit cards and personal loans. The debt collection ...

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in ...