Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...

Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...

Both Equifax and TransUnion recently rolled out new solutions aimed at helping collection agents get better estimations of potential recovery amounts from delinquent debtors. Both companies launched ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Financial health is crucial to your overall well-being, yet ...

When a debt collector reaches out, it can be unsettling, even if you knew that you'd defaulted on your obligations and were expecting the call. Between the pressure to pay, the perceived urgency of ...

Taking on debt is not necessarily a bad thing (as long as the debt is used for things to generate wealth), but in the current cost-of-living crisis debt can easily spiral out of control. With an ...

A total amount of £262,527.92 will be reviewed at the finance, resources and customer services policy board on Thursday.

As we step into 2025, the shadows of economic uncertainty still linger for many of us. With interest rates fluctuating and inflation figures redefining our budgets, it’s crucial to have a clear ...