Is it better to pay off collections or let them go?

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...

How to tell if debt collectors are legitimate

If you're getting calls and texts from a debt collector on your phone, how do you know if they're real or a scam? Consumer ...

Dunning: What It Is and How It Works in Accounts Receivable

Dunning refers to making insistent demands for the payment of a debt and refers to the collections process when used in a ...
Crain's Detroit Business

Dearborn mall gets a receiver with $3.4M missing and $1.4M tax debt

At issue this time is a $1.4 million-plus unpaid property tax bill from 2023 and a potential foreclosure, which put lender HSF Fairlane LLC’s predecessor’s 2023 $28 million loan to mall owner Kohan ...

'Mormon Wives' star Miranda McWhorter made a $12,849 credit card mistake. Here's what went wrong and the money lessons you can use

McWhorter's case is a textbook example of this common mistake.
Moneymade on MSN

I used my credit card to fund a YouTube prank channel. Now I’m in debt and banned from the mall. What can I do?

Starting a YouTube channel feels exciting at first. The camera is ready, ideas are flowing, and every purchase seems like an ...