Collection Industry News

JANUARY 12, 2023

Credit card balances reached a record-setting $866 billion in the third quarter of last year, which represents a year-over-year increase of 19%. Credit balances reached a record-setting $866 billion in the third quarter of last year – and they are expected to keep climbing, the report from TransUnion said.

Credit Card Debt 40

Credit Card Debt Personal loans Credit Bureau Loans 40

Titan Consulting

MAY 3, 2020

All three for-profit credit reporting agencies, Experian, Equifax and Transunion compile and report consumer credit and debt payment activity and sell this consumer information to lenders seeking to grant credit. Here’s why: Who Decides Your Credit Score? Key Takeaways. Final Thoughts.

Credit Bureau 56

Credit Bureau Lender Retrieval Debt Consolidation 56

Titan Consulting

MAY 17, 2020

Rent Bureau , now owned by the credit bureau Experian, electronically compiles rental data from property management companies and individual landlords. Rental agencies and alternative credit providers use the data to screen applicants and establish consumer credit scores.

Lender 98

Lender Debt Consolidation Creditworthiness Credit Card Debt 98