Credit Card Debt Student Loans Trade 
True Accord
MAY 15, 2025
Youve seen the headlines the federal government last week resumed collecting defaulted student loan payments from millions of people for the first time since the start of the pandemic. This will undoubtedly have negative effects on credit scores and the resulting loss of access to funding going forward for many Americans.
True Accord
APRIL 28, 2025
Job gains showed up in health care, social assistance, transportation and warehousing, along with retail trade, which reflected the return of workers from a strike, while federal government employment declined as a result of wide-reaching layoffs. The Federal Reserve (Fed) held rates steady at 4.25-4.50% 4.50% in March.
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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
Credit Corp
JUNE 1, 2021
Include a line item in the budget for any credit card debt. Monthly expenses might include student loan payments, car payments, and credit card payments. Pay Student Loan Debt. Even in bankruptcy, student loan debt cannot get discharged; it must get paid.
Collection Industry News
JUNE 29, 2024
Consumer debt continues to accelerate at an alarming rate—particularly credit card debt—driven by a culture of consumption. Credit card debt is one of the most worrisome due to the high interest rates charged by credit card companies, which can leave consumers with never-ending debt loads.
Credit Corp
OCTOBER 6, 2023
Millions of Americans are in debt, and a lot of this comes from auto loans. The average American credit card debt is only 5.8% of consumer debt, but auto loans are the third largest portion at 9.2% of consumer debt. The two largest amounts of debt come from mortgages and student loans.
Credit Corp
SEPTEMBER 13, 2023
Because mortgage loans can span up to 30 years, a lower interest rate can save you a lot of money over time. Student Loans : These loans are used to pay for college-related expenses, such as tuition, room, and board. As such, the repayment of a student loan generally goes through a process called deferment.
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