Collection Industry News

JANUARY 13, 2024

household debt grew by $800 million from 2022 to 2023, including a 16.6% growth in credit card debt. While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. At the start of the year, U.S.

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Better Credit Blog

OCTOBER 16, 2020

The agency collects on various types of debts, such as: Consumer finance debt. Credit card debt. Retail debt. 3 Ways to Remove Asset Acceptance LLC from Your Credit Report. With the pointers below, getting a collections entry off your credit report should be no trouble at all.

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True Accord

OCTOBER 10, 2023

Key Indicators and Consumer Spending According to the New York Fed’s Quarterly Report on Household Debt and Credit , total household debt increased in the second quarter of 2023 by $16 billion (0.1%) to $17.06 Credit card balances increased by $45 billion from Q1 2023 to a series high of $1.03 trillion in Q2, a 4.6%

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Student loans Student Loans Loans Personal loans 82

Better Credit Blog

OCTOBER 21, 2020

ARI collects on a variety of debts, like: Bankruptcy. Credit card debt. Retail debt. When you fall behind on payments, your debt could be turned over to a collections agency like ARI. Debt collectors can call, leave you messages, and send letters rather frequently until you pay what you owe.

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Collection Agencies Collections Agency Debt collector Retail 52

Better Credit Blog

OCTOBER 21, 2020

ARI collects on a variety of debts, like: Bankruptcy. Credit card debt. Retail debt. When you fall behind on payments, your debt could be turned over to a collections agency like ARI. Debt collectors can call, leave you messages, and send letters rather frequently until you pay what you owe.

Collection Agencies 52

Collection Agencies Collections Agency Debt collector Retail 52

True Accord

JANUARY 10, 2024

Breaking it down, credit card balances increased by $48 billion to $1.08 Other balances, which include retail cards and other consumer loans, increased by $2 billion. As for credit card debt, the charge-off rates clocked in at 3.79% , up more than a half point from Q2 2023 and up from 2.1% a year ago.

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Student loans Student Loans Loans Banks 58