Mounting financial pressure is nothing new for borrowers in today's economic landscape, but the pace at which it is escalating has recently become harder to ignore. Right now, for example, household ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...

Americans are carrying more than $1.23 trillion in collective credit card debt as of late 2025, at a time when average credit card APRs also hover above 20%. And, as the interest charges are tacked on ...

Vermont Business Magazine Governor Phil Scott on May 20, 2026, signed legislation H.385 (Act 106) to stop creditors from collecting on coerced debts. Coerced debt is a form of economic abuse ...

Most people have a negative association with debt collection. A startup called January is out to change that with a fresh $10 million fundraise. Founder Jake Cahan says most debt collectors are lumped ...

A DIY approach to debt settlement can backfire if you don't understand the legal, financial and tax risks involved.

Dealing with a call from someone claiming to be a debt collector can be challenging. It’s not always easy to tell whether the caller is a legitimate debt collec ...