Consumer Credit, Credit Card Debt, Financial services and Personal loans

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Consumer Credit

Credit Card Debt

Financial services

Personal loans

Q1 Industry Insights: Economic Stressors Persist while Pandemic-era Benefits End

True Accord

APRIL 5, 2023

Meanwhile, eyes are on the Big Apple as the New York Department of Financial Services (DFS) and the New York City Department of Consumer and Worker Protection are simultaneously engaged in amending their consumer debt collection rules. consumer credit card debt has increased to nearly $1 trillion.

Student loans

Student loans Student Loans Credit Card Debt Loans

Q2 Industry Insights: TL;DR – Prepare Now for Delinquencies Tomorrow

True Accord

JULY 5, 2022

A hike in the federal interest rate prompts a jump in the Bank Prime Loan Rate ( prime rate ), the credit rate that banks offer to their most credit-worthy customers and off of which they base other forms of consumer credit like mortgages and consumer loans. We all knew this was coming.

Lender

Lender Debt collector Loans Personal loans

Creditor Collections Today

Q1 Industry Insights: Economic Stressors Persist while Pandemic-era Benefits End

Q2 Industry Insights: TL;DR – Prepare Now for Delinquencies Tomorrow

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