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What is the Fair Debt Collection Practices Act (FDCPA)?
Bankrate via Yahoo Finance· 7 months agoKey takeaways The Fair Debt Collection Practices Act, or FDCPA, is a federal law that establishes...
How to pay off a debt in collections
Bankrate via AOL· 6 months agoKey takeaways Before you pay a debt in collections, confirm that it belongs to you. If the debt doesn't belong to you, send a dispute letter to the debt...
Zombie debt: What it is and how it works
Bankrate via AOL· 6 months agoKey takeaways Zombie debt refers to old or expired debts that can be purchased for collection at a massive discount. The most common types of zombie debt...
What is debt collection and how does it work?
Bankrate via Yahoo Finance· 7 months agoKey takeaways Debt collectors can start contacting you to collect debt once payments are 30 days past due. You shouldn't experience harassment or threats...
How to Deal With Debt Collectors, According to Experts
Cheapism via AOL· 1 year agoPekic/istockphoto Debt Dilemmas Dealing with debt collectors can be intimidating. It is important to...
What to do if a collector ‘parks’ debt on your credit report
Bankrate via Yahoo Finance· 7 months agoKey takeaways Parked debt violates multiple consumer laws — you have rights if you're a victim. You...
What is a debtor? The definition and how it differs from a creditor
Bankrate via Yahoo Finance· 7 months agoKey takeaways A debtor or borrower is a person or organization that borrows money from a financial...
Bankruptcy vs. default: Which route is best for you?
Bankrate via Yahoo Finance· 8 months agoKey takeaways Defaulting on a loan means that you've violated the promissory or cardholder agreement with the lender to make payments on time. Filing for...
How to avoid resetting the clock on old debt
Bankrate via Yahoo Finance· 9 months agoKey takeaways To avoid future litigious issues, refrain from taking action on your debts and instead wait for the statute of limitations to run out,...
What happens if you default on a personal loan?
Yahoo Personal Finance· 6 months agoDefaulting on a personal loan will trigger a red alert for your finances. Whatever circumstances put you into such hardship, your financial health will...
