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% Ridley, who helps clients manage debt, offered some general advice for debt management.

Credit Card Debt 40

Credit Card Debt Student loans Student Loans Bankruptcy 40

Credit Corp

MAY 4, 2021

For instance, if you’re a compulsive shopper, delete retail apps and turn off push notifications for sales. Carmen Perez, a personal finance advocate for Varo Bank, said one way to get ahead of your debt is by calling up your creditors and asking for a rate reduction. When calling, be sure to remain calm and polite.

Credit Card Debt 98

Credit Card Debt Bankruptcy Lender Student loans 98

Consumer Financial Services Law

JUNE 11, 2016

The CFPB makes it clear it intends to “use the information it collects to continue monitoring arbitral proceedings to determine whether there are developments that raise consumer protection concerns that may warrant further Bureau action” and that it intends to publish the information on its website in some form. Proposed 12 CFR 1040.3

Judgment 40

Judgment Financial services Retail Debt Management 40