The Education Department has suspended certain collections efforts for student loans, giving borrowers some breathing room.

After a long pandemic pause, the federal government has flipped the switch back on for defaulted student loans, and the consequences are now hitting paychecks and tax refunds. Wage garnishment, tax ...

She made a point in May to remind colleges of their role in ensuring borrowers repay their loans. As recently as Jan. 7, the ...

The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

If you’re someone who’s opted to automate debt collection processes for your business, congratulations, you’re on the right path. Automating debt collection has become an invaluable tool for many ...

Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...

Nearly 40,000 low-income veterans and their survivors receiving federal pensions may owe money because of accounting errors made over the last 12 years, but Veterans Affairs officials said they don’t ...

A trade group representing debt collectors has filed a lawsuit challenging the Consumer Financial Protection Bureau's final rule banning medical debt from credit reports, the second suit to be filed ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Part of the issue is that the recent surge in digital lending and ...

CreditNinja reports that about 41% of working-age Americans (72 million) have medical debt, affecting lower-income and ...