If you’re reading this, it’s likely that you recently had an unpaid Verizon bill that went into collections. Before reading further, you should get a current copy of your credit report to see if it’s ...

Having a collection account on your credit report can feel like a heavy burden, as it can significantly impact many areas of your life — and your finances — including your ability to secure loans, ...

As a result, the debtor's credit score can drop, usually a significant amount since the debt is past due by many months. This can cause a person major financial complications with getting approved for ...

Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.

Tens of millions of debt collections disappeared from Americans’ credit reports during the pandemic, a new government watchdog report found, but overdue medical bills remain a big strain on many ...

Your credit scores take a hit if you fall behind on payments to a creditor, and again if an account is sent to the creditor’s collection department or sold to a third-party collector. You may be able ...

There’s no doubt that buy now, pay later (BNPL) providers are disrupting consumer credit. The low barrier to entry and prominence at the point of sale have made their growth inevitable, and BNPLs are ...

To remove Capital One Collections from your credit report, you first need to know who currently owns the debt. In other words, has Capital One sold your unpaid credit card debt to another collection ...