This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.

Remove Client Management Remove Loans Related Topics
Debt Consolidation Debt Management Collateral Credit Card Debt Lawyers Student loans Bankruptcy Debt collector Lender Creditors More Related Topics >
article thumbnail

Americans Are Carrying Record Household Debt into 2024

Collection Industry News

JANUARY 13, 2024

Auto loan and mortgage debt increased by 4%, while student loan debt saw a modest rise of 1.6%. Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7% A lower interest rate would allow some borrowers to refinance high-interest loans.

Credit Card Debt 40
Credit Card Debt Student loans Student Loans Bankruptcy 40
article thumbnail

2020 Consumer Finance Trends

Payment Savvy

AUGUST 25, 2020

This may have to do with consumers obtaining mortgages at their long-standing financial institution where they may have a direct relationship with their loan officer and other staff members. There is no doubt mobile apps, chatbots, and secure online payment portals have made repayment of loans more accessible and faster for all involved.

Financial Institution 52
Financial Institution Lender Client Management Loans 52
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 

Stay Connected

Join 40,000+ Insiders by signing up for our newsletter

About
About
Editions
Editions
Topics
Powered by Aggregage | Terms and Conditions | Your California Rights and Privacy Policy
© Aggregage 2024