Collection accounts have become a common issue for borrowers in today's economic landscape. Between issues like persistent inflation, elevated borrowing rates and tighter household budgets, millions ...

Jerry Brown is a personal finance writer based in Baton Rouge, La. He's been writing about personal finance for three years. Financial products he enjoys covering include credit cards, personal loans, ...

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four has at least one account ...

When a debt is sent to a collection agency, it appears on a borrower’s credit report and could impact their credit score for up to seven years. A WalletHub analysis found Wyoming had the highest ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of the issues is that the debt collections process can feel ...

Garland, Texas ranked as the top city for the highest debt collection accounts in the nation. Eight Texas cities, including Dallas and Houston, were in the top 10 locations with the most collection ...