In January 2012, Asset Acceptance LLC, one of the nation's largest consumer debt buyers, agreed to pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it made a range of ...

The CFPB’s role in enforcing consumer protections may diminish as the federal agency undergoes changes and possible elimination. Consumers can still report issues to the FTC, OCC and state attorneys ...

How would you handle $4 trillion of debt? Hopefully, you'll never have to answer that question – but America's total outstanding non-mortgage consumer debt is nearing the $4 trillion mark. (Add ...

Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to Experian data. That's a 2.4% increase from the $17.15 trillion total Experian ...

If you're behind on payments, you should know what the odds are that a debt collector will take legal action.

Experian is eliminating $5 million in consumer debt for 5,000 families in Louisiana through a partnership with ForgiveCo, a ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Losing a mom or dad is hard enough without the worry of their debt. This is a common concern when parents pass away with an ...

Household wealth — the difference between what people own and what they owe — declined by $1.6 trillion in the first three months of the year, according to the Federal Reserve’s June release of its ...

Pla2na // Shutterstock Experian study: Average U.S. consumer debt and statistics Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to ...