True Accord

MARCH 5, 2024

Today, about 61% of American households have credit card debt and the average credit card debt balance sits at $5,875. And we’re seeing consumers often need help to organize the different debts.” million borrowers missed their student loan payment, equating to 40% of loan holders.

Consumer Credit 114

Consumer Credit Student Loans Student loans Collections 114

True Accord

AUGUST 11, 2022

Providing consistent outreach—especially in early delinquency—will give customers more opportunities to engage, understand, and resolve debt. Debt levels are on the rise again: according to the? New York Federal Reserve , between the national student loan debt topping $1.6

Acquisition 75

Acquisition Debt Recovery Education Student Loans 75

Collection Industry News

MARCH 19, 2024

Today, about 61% of American households have credit card debt and the average credit card debt balance sits at $5,875. And we’re seeing consumers often need help to organize the different debts.” million borrowers missed their student loan payment, equating to 40% of loan holders.

Consumer Credit 40

Consumer Credit Student Loans Student loans Collections 40

Debt Recoveries

OCTOBER 24, 2021

Whether you’re carrying credit card debt, personal loans, or student loans, one of the best ways to pay them down sooner is to make more than the minimum monthly payment. Doing so will not only help you save on interest throughout the life of your loan, but it will also speed up the payoff process.

Debt Consolidation 52

Debt Consolidation Debt collector Student Loans Student loans 52

Taurus Collect

JUNE 16, 2022

When you have a debt in collection and receive a call/ notice from a debt collector, it indicates that your original creditor has redirected the debt to a debt collection agency or a third party to collect it. Use our Late Payment Calculator to know your remaining credit amount.

Retrieval 52

Retrieval Debt collector Collections Collection Agencies 52

Collection Industry News

MARCH 30, 2025

billion in 2029 at a compound annual growth rate CAGR of 3.2%, the forecasted growth can be attributed to the upswing of digital commerce, increased lending by financial institutions, increasing credit card usage, international debt recovery, and expanded lending by financial institutions. From an expected value of $34.51

Collection Agencies 40

Collection Agencies Collections Agency Collections Financial Institution 40

Taurus Collect

JANUARY 24, 2023

By understanding the strategies used by debt collection companies, you can get ahead financially and protect yourself from becoming overwhelmed by unmanageable piles of unpaid bills in the future. Making the Most Out of Tax Season to Tackle Your Debts Whether it’s student loans, mortgages, or credit cards, debt is a reality.

Collections 52

Collections Collection Companies Debt collector Debtor 52