Financial experts have seen a rise in the level of unsecured debt Floridians have. The Federal Trade Commission has also reported a 150% spike in debt collection calls nationwide. Experts explain what ...

Fall behind on a debt payment and your phone will start ringing off the hook. The Federal Trade Commission says that Florida is one of the highest-ranking states for debt collection calls. At least 31 ...

If you've fallen behind on a $5,000 debt and a collection agency is hounding you for payments, you might be worried about what happens next. Owing a few thousand dollars to a debt collector can put ...

Phone calls and letters are still going strong in debt collections, but outreach via digital channels such as text and emails is gradually creeping up. So is the use of artificial intelligence and ...

The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for consumers ...

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 ...