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Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

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. Removing collections from your credit ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But many borrowers don’t respond to the suits and lose by default. By Ann Carrns ...

Any collection accounts that are listed on your credit report can have a big impact on your finances, dragging down your score and making it harder to qualify for loans, housing or even certain jobs.

DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. After all, a lot can happen between defaulting on a debt and it landing ...

Debt collection scams can be one of the most frightening and persistent scam types. Victims often report that scammers harass them or their family members for weeks or even months, both at home and at ...