This year, the report found aggressive and illegal practices in the collection of medical debt and rental debt. It discusses how problems with real estate companies’ “revenue management ...

You negotiate with your creditors to pay less than you owe and walk away clean. But the reality is that while debt settlement ...

Landlords are increasingly using credit reporting to collect unpaid rent. With credit scores influencing everything from loan ...

In these situations, many people will prioritize their essential expenses, like mortgage or rent payments ... chance your debt will eventually be sold to a third-party debt collector.

Debt collection companies often work on a contract ... which can make it difficult to get a car loan, rent an apartment or even open a new credit card. Aside from bankruptcy, which is an option ...

or rent. Having a debt sent to collections can significantly hurt your credit score. If you own debt that you haven't paid for months, your debt could fall into the hands of a collection agency.

Suddenly, the money you were counting on to pay rent, buy groceries or cover utilities ... If you earn $600 in weekly disposable income, a debt collector could garnish up to $150 (25% of $600).

Renters may have an opportunity to negotiate rent based on their landlord's borrowing cost, particularly when their landlord has used a DSCR loan for financing.

Rebecca Mahoney recently received a letter from Global Debt Solutions saying she owes over $400 to a company called EuropCar for a car rental from March 2024.

Millions of Americans are seeing their credit scores drop now that the U.S. government has resumed referring missed student ...