With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

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Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods. The Consumer Financial Protection Bureau (CFPB) has taken a firm ...

Carmen Perez said she tackled her debt after getting sued for a student loan. Editor's Note: In August 2022, President Joe Biden announced a plan to cancel student loan debt for millions of Americans, ...

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If you owe a debt that is significantly delinquent–usually 90 days or more past due–your lender may decide to either assign or sell your debt to a third-party debt collection agency. This is sometimes ...

The National Collegiate Student Loan Trusts (NCSLT) are under scrutiny as the Consumer Financial Protection Bureau (CFPB) pursues legal action against them for alleged unethical debt collection ...

Could your debt be reduced or forgiven? Take our financial relief quiz. When you let credit card payments, loan payments and other bills go unpaid for long enough, debt collectors eventually come ...