Tag Archives: collection

Study leads to false conclusions about US debt

Fred Williams

The news was a shock: 35 percent of adults have a debt in collection on their credit report, with an average of $5,178 owed. If those numbers sound too high, it’s because they are. Debt is a big problem for many people, but a third of the country does not have a wolf at the door.
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Debt collection complaints still top FTC list in ’07

Connie Prater

Latest FTC report shows debt collection complaints increase but not as sharply in 2007.
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