New federal data shows debt collection calls have jumped more than 200 percent in the past year, flooding phone lines ...

Knowing your rights during debt collection can protect you from harassment, misinformation and costly mistakes.

Learn the FDCPA's rules on how debt collectors can contact debtors, your rights, and what to do if harassed—key to protecting financial well-being.

Debt collectors generally descend after a creditor has given up sending bills and resorts to contacting the consumer by phone. Some creditors use in-house debt collectors. Others sell delinquent ...

According to the Federal Trade Commission, there has been a 150% increase in debt collection calls per capita this year.

Scammers exploit retirees' trust and assets through fake debt collection calls, but proper verification methods and reporting ...

Before you hand over money to a debt collector, take these steps to protect both your finances and your rights.

I'm 23 and happy to be done with college. But now I’m in collection for ‘unpaid’ dues to my ex-fraternity — and it’s wrecked my credit. What can I do? Louis, 23 years old and recently graduated from ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

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 ...

When most people think of debt collection, they picture aggressive phone calls, shady tactics, and a cold process that leaves ...

ATLANTA - The Consumer Financial Protection Bureau ordered a $24 million fine against Portfolio Recovery Associates after it was warned back in 2015 to clean up its act, but it didn’t. The debt ...