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  2. How to spot debt collection scams: 8 signs to watch out for

    www.aol.com/finance/spot-debt-collection-scams-6...

    This is called “debt validation” and is regulated under the Fair Debt Collection Practices Act (FDCPA). A legitimate debt collector usually provides debt validation through a letter before ...

  3. How to tell if debt settlement is a good idea for you - AOL

    www.aol.com/finance/tell-debt-settlement-good...

    If you decide to pursue debt settlement over other alternatives, research your options to identify reputable debt settlement companies with a track record of success and positive client reviews.

  4. Is this text a scam? What to do when a debt collection text ...

    www.aol.com/text-scam-debt-collection-text...

    Harris & Harris, Ltd. is a legitimate debt collection service based in Chicago, Illinois. They buy debt from healthcare companies, government agencies, and utilities.

  5. How to settle credit card debt - AOL

    www.aol.com/finance/settle-credit-card-debt...

    Collection agencies may be unwilling to negotiate a settlement, even after months of payments to a debt settlement company. Having accounts in collections can damage your credit score .

  6. Big Three (credit rating agencies) - Wikipedia

    en.wikipedia.org/wiki/Big_Three_(credit_rating...

    In the wake of the financial crisis, the Financial Crisis Inquiry Report [6] called out the "failures" of the Big Three rating agencies as "essential cogs in the wheel of financial destruction". According to the Financial Crisis Inquiry Commission, [7] The three credit rating agencies were key enablers of the financial meltdown.

  7. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]

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