Remove Auto Insurance Remove Collections Remove Student Loans
article thumbnail

Q3 Industry Insights: Inflation and Interest Rates Drop, Christmas Comes Early

True Accord

Read on for our take on what’s impacting consumer finances, how consumers are reacting and what else you should be considering as it relates to debt collection today. In September, the bureau issued its annual report on debt collection, which highlighted aggressive and illegal practices in the collection of medical debt and rental debt.

article thumbnail

Credit card debt has plunged

Collection Industry News

As of March, Americans collectively owed $807 billion across almost 506 million card accounts, according to analysis from LendingTree’s ValuePenguin. She’s actually more concerned about the weight of student loans. Student loan debt is debt that you can never get rid of in most cases. Make saving your policy.