Will debt collectors sue over a $3,000 credit card debt

Will debt collectors sue over a $3,000 credit card debt?

A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

Will my credit score drop if I pay a credit card debt collector?

Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.

What happens when a credit card charge-off is sold to a debt collector?

Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.

What will a debt collector do if I can't pay old credit card debt?

There are a few different strategies debt collectors can use when you're unable to pay off what you owe.

What should I do when a credit card debt collector contacts me?

If you've been contacted by a debt collector about old credit card debt, here's what you should do.

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

5 hidden costs of carrying credit card debt

These hidden costs are just as damaging — if not more so — than credit card interest and fees.

How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.

Will enrolling in a credit card debt management program hurt your credit?

Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?

How long can delinquent credit card debt be collected?

The timeline for collecting late credit card debt may surprise you. Here's how long debt collectors can pursue it.

How to have your credit card debt forgiven this November

Need to have your credit card debt forgiven? There are a few ways to pursue this type of debt relief now.

3 important credit card debt relief moves to make this November

Dealing with credit card debt issues? You may want to take these steps toward debt relief this month.

7 credit card fees that increase the cost of your debt

Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.

Can a 10-year-old credit card debt still be collected?

It's common for debt collectors to pursue old debts, but do you still owe the money? Here's what to know.

Can a 7-year-old credit card debt still be collected?

Credit card debt this old could still be collected on — but only in certain circumstances. Here's what to know.

Should I pay credit card debt that has been written off?

Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.

Here's how your credit card debt can become uncollectible

If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.

Credit card debt among retirees jumps — 'It's alarming,' researcher says

There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.

Business - CNBC - November 11

Here's how to qualify for credit card debt forgiveness before 2025

Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.

What are the best ways to get rid of credit card debt in retirement?

New research shows that retirees' credit card debt is growing. Here's how you can tackle yours now.

5 surprising credit card debt consolidation benefits to know

Drowning in credit card debt? Consolidation does more than you might think.

3 important things to know if your credit card debt goes to collections

If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.

5 ways to tackle your credit card debt before the holidays

These useful tips can help you deal with your lingering debt issues before the holiday season arrives.

Should you apply for credit card debt forgiveness before the holidays?

For many users, a credit card debt forgiveness program may be worth pursuing now, before the holidays. Here's why.

Have $40,000 in credit card debt? Here's what debt forgiveness could cover.

The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

28% of credit card users are still paying off last year's holiday debt. But that's an improvement

Americans tend to overspend during the holiday season. In fact, some shoppers are still paying off last year's purchases.

Business - CNBC - November 12

Credit card debt hits record $1.17 trillion, New York Fed research shows

Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.

Business - CNBC - November 13

Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases

Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.

Business - MarketWatch - November 14

Credit card debt just hit a new high. Here's how to tackle yours now.

The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.

3 times you should pay off credit card debt collections (and 3 times you shouldn't)

Paying off collections debt can be a smart financial move, but it won't make sense in every scenario.

Want to have your credit card debt forgiven? Avoid these 3 costly mistakes

If you want to settle your credit card debt for less than what you owe, make sure to avoid these big mistakes.

Can you use a 401(k) hardship loan to pay off credit card debt?

You could pay off your credit card debt with your retirement funds, but there are likely better options.

Kent State football coach Kenni Burns taken to court for unpaid $24K credit card debt

Burns makes nearly $500K annually and is in his second year as Golden Flashes head coach

Sports - CBS Sports - 4 days ago

3 ways to have your credit card debt forgiven in the final weeks of 2024

Don't let your high-rate credit card debt follow you into the new year. Take steps to have it forgiven now instead.

Does debt consolidation or debt forgiveness make more sense with bad credit?

Finding the right solution to your high-rate credit card debt can be tough if your credit is less than ideal.

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - November 6

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - November 5

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