Debt forgiveness could put a serious dent in a $15,000 balance, but the true savings depend on several key factors.

Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...

Both Equifax and TransUnion recently rolled out new solutions aimed at helping collection agents get better estimations of potential recovery amounts from delinquent debtors. Both companies launched ...

Taking on debt is not necessarily a bad thing (as long as the debt is used for things to generate wealth), but in the current cost-of-living crisis debt can easily spiral out of control. With an ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Financial health is crucial to your overall well-being, yet ...

A debt collection lawsuit doesn't have to mean automatic defeat. You may have more options than you think.

This was the big fear holding Angela back from contacting a Licensed Insolvency Trustee to learn more about a consumer proposal and other financial options. Angela isn’t her real name (we’ve changed ...