Consumers should watch for payday loan collection scams

Many debt collections are legal, but there are some fraudulent debt collection scams out there, including phony payday loan collection scams.
Rows of cubicles and phones

Scammers target payday loan customers

Payday loan collection scams involve harassing phone calls threatening arrest and jail if victims do not pay debts -- which they do not owe.
No Scams

Debt collectors trying to polish image in media

Debt collectors are starting to get into the media, but this time they're trying to rehabilitate their image in the press.
A call center

How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?

Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.

Beware phantom debt pains from charge-offs

Beware: Even after debt debt drops off your credit report, debt collectors may still be able to collect. Arm yourself with information.
A sad female clown.

Lawmakers seek to curb spate of debt collection arrest warrants

As the debt collection industry booms, debt collection arrest warrants are interfering with pursuit of serious crimes in some states.
debtors prison

Facts About Installment Loans Everyone Should Know Before Applying Online

Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.

Consumers have legal protection from collection agency harassment

Consumer default during the recession has led to an explosion of collection agencies that use illegal harassment and computerized lawsuits.
man making call with vintage red rotary phone

The Difference Between a Creditor and a Collection Agency

A creditor is not necessarily the same as a collection agency, and different rules apply to how each may operate. Understanding this helps in resolving debt.