When debt collectors call, your next move could cost you or protect you. Consumer Investigator Rachel DePompa talks to Tayne ...

Debt collectors may cross legal lines with threats, harassment and deception. Know the red flags (and your rights).

A 609 letter is a way to request verification of the accuracy of the accounts listed on your credit reports. While they’re ...

But consumer advocates say the worst thing you can do is panic or pay right away. Before taking action, it’s important to validate the debt and understand your legal rights.

Do a little independent research to make sure that it’s legitimate and not a scam.” If a collector claims you owe money, Tayne recommended asking them to send a validation letter. This document ...

Real debt collectors must provide essential details during their first contact with you. This is called “debt validation” and is regulated under the Fair Debt Collection Practices Act (FDCPA).

If you have the cash available, paying off the entire charged-off balance is often the cleanest solution to dealing with this ...

Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any ...