Remove Accrued Interest Remove Lender Remove Personal loans Remove Retail
article thumbnail

Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

Key Indicators and the Student Loan Predicament According to the New York Fed’s Quarterly Report on Household Debt and Credit , total household debt increased in the first quarter of 2023 by $148 billion (.9%) For lenders or collectors engaging with distressed borrowers, here are ways digital can boost your efforts: 1. 9%) to $17.05