It is estimated that 35% of Americans nationwide are in collections, according to Delinquent Debt in America, a new report from the Urban Institute. Debts in collection can include medical bills and traffic fines, as well as consumer credit accounts.
In some states, nearly half of those with credit files are being hounded by debt collectors. Nevada, “which was hard hit by the housing crisis,” the report says, has a 47% rate, the highest in the country.
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