In Minnesota and throughout the nation, it's common for people to acquire loans in order to make large ticket item purchases. For instance, while it's possible you are one of the few people who pay cash in full when buying vehicles or homes, it's far more likely that you have taken or plan to take out loans to do so. In fact, you might use credit to pay for any number of expensive services or products, such as medical bills or business expenses.
Although you are obligated to pay back any debt you accrue, you also have rights that protect you against unlawful means of debt collection. If your financial train is currently a bit off its tracks, and you're dealing with non-stop phone calls from people who claim to be trying to collect a debt, you may want to familiarize yourself with the Fair Debt Collection Practices Act. It's also a good idea to know where to seek support if your situation escalates and you need some assistance.