Google and other mainstream service providers have made it really easy for consumers and business owners to keep track of when payments are due. Unfortunately, not everyone remembers to use these methods...

Borrowers are falling behind on student loan debt, which has reached an astonishing $1.3 trillion in the United States. Will the next President of the United States do anything to change that? Hillary Clinton, Former Secretary of State and Former New York Senator...

If you’re an attorney or debt collector, collecting consumer debts on behalf of other individuals or businesses, you need to know about the FDCPA. The Fair Debt Collection Practices Act is a Federal law that governs what third-party debt collectors can do...

The subprime mortgage crisis of 2007 led to one of the worst recessions in U.S. history and subsequently to the creation of the Consumer Financial Protection Bureau. Here’s an overview of the bureau and why it matters...

There’s a three-digit number that almost every company you do business with uses to decide whether to approve your applications. And if your number isn’t good, your applications may be denied, or if you are approved, you may have to pay a higher cost...

While there are benefits to accepting ACH for payments, like lower processing costs and ability to set up recurring transactions, the settlement process is notoriously long compared to debit and credit transactions. ACH payments are processed electronically, so why...

A wage garnishment happens after an attorney gets court permission to take periodic payments from your wages to satisfy an outstanding balance on your account. While a garnishment can take you by complete surprise, it’s often...

A wage garnishment happens after an attorney gets court permission to take periodic payments from your wages to satisfy an outstanding balance on your account. While a garnishment can take you by complete surprise, it’s often...

Every business has to deal with past due accounts at some point. In fact, your business model may include collecting accounts receivable on behalf of other businesses...

The livelihood of your business depends heavily on your ability to receive payments from your customers. So, if your payment processor terminates your merchant account, your business is pretty much on hold until...