Banks Consumer Credit Lender Personal loans 
True Accord
MARCH 5, 2024
“Growing debt balances, stubborn interest rates and elevated prices are still a thorn for consumers, and contribute to their overall financial stability,” explains TrueAccord CEO Mark Ravanesi in his Q4 Industry Insights: Cautious Optimism with a Side of Holiday Hangover.
Collection Industry News
MARCH 19, 2024
“Growing debt balances, stubborn interest rates and elevated prices are still a thorn for consumers, and contribute to their overall financial stability,” explains TrueAccord CEO Mark Ravanesi in his Q4 Industry Insights: Cautious Optimism with a Side of Holiday Hangover.
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True Accord
MARCH 31, 2022
Add these all together and the financial outlook for consumers, especially those in debt, is scary. For one, the consumer credit market is looking strong with signs of expansion, specifically, originations for credit cards and personal loans are increasing. And lenders are happy to lend.
Collection Industry News
JULY 27, 2021
Legislation that would cap all fees and interest at 36% would make it more difficult for many consumers to obtain credit, CUNA and other organizations wrote Senate Banking, Housing, and Urban Affairs Committee leadership Friday. For a loan product to be sustainable, depository institutions must be able to recover costs.”.
Titan Consulting
MAY 17, 2020
Several services now exist to help you establish a credit score or improve a poor credit score using non-traditional payment data such as rent, utilities and bank deposit balances. Alternative credit sources that do not report to the credit bureaus can include payments for rent, utilities, service accounts, and personal loans.
Collection Industry News
MARCH 15, 2021
“Our staff is working tirelessly to help Californians navigate foreclosure protection rights, track and investigate harmful consumer trends, and keep a standing list of community resources that connect callers to food banks, medical assistance and more.
True Accord
APRIL 5, 2023
25% despite concerns around the turmoil that has shaken the banking system , landing it at 4.75-5%. Consumers trying to make ends meet have continued turning to credit cards and other credit types to bridge the income to expense gap. According to the Federal Reserve Bank of New York, U.S.
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