Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

If you fall behind on your credit card bills or other debts, your account may be sold to a collection agency. Use this four-step plan to pay off that debt quickly. Having a collection account listed ...

Certain types of loans are secured by property. This gives the lender the ability to repossess the secured asset if you stop making payments. Mortgage debt is a type of secured debt: Your mortgage is ...

Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

Certain business models seem to have unshakable stigmas associated with them. Sometimes it’s deserved, such as from decades of unethical or sneaky behavior by players in the industry, and in other ...

Uncle Sam needs some help collecting unpaid taxes, so the Internal Revenue Service will now use private companies to tackle this growing backlog of debt. The IRS announced earlier this month that it’s ...

WalletHub collected data from the end of 2025 and ranked the states with the most and least debt collection accounts.