Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

TRAI's 1600-number mandate to curb fraud may raise lenders' collection costs and push NBFCs and banks back towards ...

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

Changes are coming to student loan borrowing and repayments this summer. For those who wanted Joe Biden's debt forgiveness gravy train to keep on rolling, it will be a sharp shock. For others who ...

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

In 1267, during the reign of Henry III the English Parliament passed a number of laws known as the Statute of Marlborough, ...

Southwest Recovery Services ((866) 558-3328) has announced a new guide detailing the costs associated with professional debt ...

Banks want Estonia's new credit registry to include debts sold to collection agencies, but the industry resists, prompting ...

LONDON, Jan 9 (Reuters Breakingviews) - Market enthusiasm surrounding Venezuela has swollen after Donald Trump replaced its leader Nicolás Maduro. Yet, even if the country’s efforts to restart oil ...

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

Having watched Chicago's City Council rebel against his budget -- to some extent, anyway -- Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts.

Are you a multitasker, a free spirit, or an overly optimistic planner? Experts say these are some of the traits that explain why some people are always running behind. Some people just seem wired to ...