Fact checked by Ward Williams An involuntary collection refers to a creditor collecting owed funds by garnishing a borrower’s ...

Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...

Millions of student loan borrowers face credit score drops due to delinquencies, impacting their ability to secure new loans, according to the New York Fed.

The Trump administration is reversing a Biden-era policy that would have protected a larger portion of monthly checks for ...

Collections had been on pause since March 2020, as a result of the COVID-19 pandemic, and the restart is expected to impact ...

AND THE DEPARTMENT OF EDUCATION RESUMED COLLECTIONS ON DEFAULTED STUDENT LOANS THIS MONTH FOR THE FIRST TIME IN FIVE YEARS. NOW, YOU MAY BE WONDERING, WHAT ARE YOUR RIGHTS IF A DEBT COLLECTOR CONTACTS ...

With student loan collections resuming, here's how to protect yourself from scams and understand your rights when contacted ...

Some student loan borrowers mistakenly believe they’re in default. Meanwhile, those who have defaulted can take steps to get ...

People who stopped paying their student loans during the Covid-19 pandemic could soon start facing reductions in their ...

Given the number of Michiganders with student loan debt - just over 13% of state residents - and the potential for borrowers ...

LPL's Roach sees this as less of an issue. He said the postpandemic economy has largely been propped up by high-income ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that ...