Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

A debt can be sold to a collection agency if you miss several payments on an account. A collection account stays on your credit report for approximately seven years. Collection accounts decrease your ...

Your credit scores determine everything from the interest rate you pay on credit cards and loans to whether or not you qualify for rental housing. Once your debt has been sent from a creditor to a ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Removing collections from your credit ...

Your credit is a significant factor in your business' access to capital, and a low credit score can be extremely damaging. Bad debts turned over to collection agencies are often -- but not always -- ...

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.

Debt collection lawsuits filed in Texas have exploded by 73 percent over the last decade. For people who find themselves in the crosshairs of creditors, the debt collection process can seem confusing ...

INDIANAPOLIS (WISH) — The founder of a Fishers credit collections company was sentenced to 51 months in prison after pleading guilty to wire fraud, bank fraud and bankruptcy fraud charges, the U.S.