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Student Debt Weakens Retirement Security

Collection Industry News

In the past, older households were more likely to retire debt free with a paid-off mortgage. Student loan debt for older adults, their children, and their grandchildren has been rising for decades. Student Loan Debt Is the Fastest Growing Type of Debt for Older Americans. Source: site. Those days are over.

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61 Financial Freedom Quotes and Steps to Achieve It

Credit Corp

Financial freedom is mental, emotional, and education process.”. Formal education will make you a living; self-education will make you a fortune.”. The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.” – T.T.

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3 Tips for Hiring a Debt Collection Agency

National Service Bureau

Debt collection can be further broken down by industry as well as by type of collection service. default on a business contract), education collections (student debt), finance (e.g. Industries include commercial collections (e.g. the monthly phone and energy bills).