A debt can be sold to a collection agency if you miss several payments on an account. A collection account stays on your credit report for approximately seven years. Collection accounts decrease your ...

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Take a Financial Relief Quiz. Get matched with an Authorized Partner. Find my match Take a Financial Relief Quiz. Get matched with an Authorized Partner. A credit score is just a three-digit number, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Part of the issue is that the recent surge in digital lending and ...

Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.

LONDON--(BUSINESS WIRE)--The Credit Collection and Collection Agency Services market will register an incremental spend of about $40 billion, growing at a CAGR of 12% during the five-year forecast ...