You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

About 3 in 5 cardholders (61%) with credit card balances have been in debt for at least a year — that’s up from 53% in late ...

The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...

The average American household has over $6,000 in credit card debt, which can be a challenging amount to manage. If you're just making minimum payments, expect to stay in credit card debt for ...

Overstating a debtor's balance — also called "overbiffing" — is the latest outrage in unfair debt collection. In a recent case, regulators allege a New York debt collector may have tricked thousands ...

Nearly half of all credit card users carry a balance, according to Academy Bank. Higher non-mortgage debt levels can affect ...