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Your Wallet: 1 in 3 Americans have debt in collections

Aug 8, 2014
According to a study from the Urban Institute, an estimated 1 in 3 adults, around 77 million people, are so far behind on their debt that their account has been placed in collections.

1 in 3 Americans has past due debt

Jul 29, 2014
What what happens if your debt goes into collection?