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 ...

Use our guide to learn about and choose the best debt collection agency for you. Debt collection companies vary on the type of debt they collect, how they collect it and fees charged for their ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Carrying a certain amount of credit card debt or auto debt may not be the end of the world, particularly if you're able to pay ...

In order to keep your business ventures afloat, you must collect payment for your products or services. Unfortunately, not all customers are reliable. You likely have more pressing demands on your ...

Do you get calls from a debt collection agency? Having delinquent debt not only hurts your chances of getting a loan but can also affect how much you pay for insurance, and even your ability to get a ...

With the new collection agency rule of the Consumer Financial Protection Bureau (“CFPB”) having taken effect on November 30, 2021, 1 we thought we could help round out your understanding of the ...

If your debt is sent to collections you'll need to take immediate steps to avoid the financial impacts. / Credit: Siriporn Kaenseeya / EyeEm If you have debts in collection, you're not alone. In ...

The Consumer Financial Protection Bureau (CFPB) has ordered medical debt collection agency Commonwealth Financial Systems to cease operations and pay a $95,000 fine for illegally trying to collect ...

Bank fires collection agency after operators made racist, obscene phone calls. Sept. 24, 2010 — -- Two days after being confronted by ABC News, Bank of America has fired a debt collection agency ...