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

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 ...

Companies charging drivers fees for recovering parking ticket debts have an average profit margin exceeding 60%, a Government document has revealed. The Ministry of Housing, Communities and Local ...

Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...

Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

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 ...