New automotive AI playbook exposes 'coordination debt' crisis - why industry AI wins create operational problems, not ...

Credit One Bank has agreed to pay just over $10 million to settle a civil consumer protection lawsuit alleging the company or its vendors made repeated, intrusive and harassing debt collection calls, ...

With average credit card interest rates topping 22%, many consumers have found themselves deeper and deeper in debt.

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

Debt collection lawsuits have risen in the U.S. since the COVID-19 pandemic ended as a global health emergency in May 2023. Research shows Black and Hispanic borrowers are more likely than white and ...

Consumers across the country are being bombarded with intimidating and sometimes aggressive debt collection calls, and federal data shows complaints about debt collection more than doubled from 2024 ...

The Department of Education announced Friday that it will temporarily pause its plans to garnish the wages of defaulted borrowers, citing the need to implement other “major student loan repayment ...

Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

When a debt is sent to a collection agency, it appears on a borrower’s credit report and could impact their credit score for up to seven years. A WalletHub analysis found Wyoming had the highest ...

Collection accounts have become a common issue for borrowers in today's economic landscape. Between issues like persistent inflation, elevated borrowing rates and tighter household budgets, millions ...