WalletHub collected data from the end of 2025 and ranked the states with the most and least debt collection accounts.

Certain types of loans are secured by property. This gives the lender the ability to repossess the secured asset if you stop making payments. Mortgage debt is a type of secured debt: Your mortgage is ...

As unpaid debt balances age, the tone of the collection efforts tends to change, too. The debt collection calls become more ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt sales happen more often than borrowers realize, though, and they ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

Getting calls from debt collectors can be unsettling, but if you encounter these red flags, chances are you're dealing with a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

With the new collection agency rule of the Consumer Financial Protection Bureau (“CFPB”) having taken effect on November 30, 2021, 1 we thought we could help round out your understanding of the ...

Understanding what happens when your debt gets sold can help you make informed decisions about how to handle these situations ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...