See how we rate credit score services to help you make smart decisions with your money.When a payment is over 120 days late, ...

Writing a debt collection letter might not be on your list of fun activities, but it’s a necessary part of business. Getting it right can mean the difference between getting paid and losing out.

"Effectively, the letter should contain the terms you are proposing, including what you're willing to settle the debt for in exchange for the collection agency removing the past due account ...