Debt collection generates more fraud reports to the FTC than any other industry, according to the agency. But even legitimate collectors must follow strict rules. The Fair Debt Collection Practices ...

Are debt relief programs legit? Yes. Debt relief, aka debt settlement or debt resolution, is a legitimate industry that can be helpful to people experiencing certain financial difficulties. However, ...

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...

While credit cards and other forms of debt can play a legitimate role in helping you manage your cash, they can also get you in over your head. When that happens, debt relief is one way to ease the ...

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / The history of debt relief in America is lengthy and complex. Spanning over a century, the industry has witnessed the rise and fall of various ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That can make it challenging to weed out the safe, reputable programs ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...