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

For many, the term conjures thoughts of receiving a collection notice by mail or phone —after they’ve neglected to make a student loan or cellular payment. That is because the majority of debt ...

Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny unpaid amounts can haunt your credit score—and the threshold that triggers ...