Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

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

A debt can be sold to a collection agency if you miss several payments on an account. A collection account stays on your credit report for approximately seven years. Collection accounts decrease your ...

Due to technology, operating a debt collection business from home has become easier than ever before. Modern communication tools allow contact with clients and receipt and storage of data and files ...

Tom Gillespie is an industry leader in debt collection. He is The President of Access Receivables Management in Hunt Valley, Maryland. This year, numerous creditors have told me that their days sales ...

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

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

A: The Federal Fair Debt Collection Practices Act and the California Rosenthal Act each proscribe certain conduct by debt collectors. The Rosenthal Act is a bit broader because it applies to original ...

LONDON--(BUSINESS WIRE)--According to the latest procurement intelligence report from Technavio, the global credit collection and collection agency services market is expected to grow at an impressive ...

On June 16, the Nevada governor signed SB 276 (the “Act”) to revise certain provisions relating to debt collection agencies and make amendments to the state’s collection agency licensing law. While ...