Collection Industry News

MAY 24, 2021

Credit card debt has plunged — but what if you’re still up to your neck? Credit card debt has fallen during the pandemic, with figures from credit bureau Experian showing the average debt dropped from $6,194 in 2019 to $5,313 in 2020. Source: site. Who’s dealing with the heaviest load?

Credit Card Debt 40

Credit Card Debt Student loans Student Loans Auto Insurance 40

Credit Corp

JANUARY 29, 2024

Insurance This broader category covers numerous subcategories that apply to different people. For example, if you live in a large, urban area with well-run public transportation, you may not have to worry about auto insurance. Insurance may be classified under different categories depending on who you ask.

Auto Insurance 59

Auto Insurance Student Loans Student loans Personal loans 59

Fico Collections

JUNE 27, 2022

On average, they pay $95,000 in homeowners insurance over their home-owning lifetimes. And they pay about $94,000 for auto insurance over their driving lifetime. credit cards for 27% of all transactions with average credit card debt of $3352. Purchases 9.4

Banks 52

Banks Auto Insurance Education Credit Card Debt 52

Better Credit Blog

MAY 10, 2022

Travel Rewards Credit Cards. Cash Back Credit Cards. Student Credit Cards. How To Choose the Best Credit Card. Balance Transfer Credit Cards. Those are cards that allow you to pay off other credit cards , while providing an extended period with a 0% introductory APR.

Auto Insurance 65

Auto Insurance Banks Debt Consolidation Credit Unions 65

Credit Corp

APRIL 16, 2021

Depending on what type of insurance you need and your insurance premiums, you can look to spend anywhere between 10% to 25% of your income on this category. Granted, if you don’t have debt, then you don’t need to worry about this expense. Healthcare.

Healthcare 69

Healthcare Personal loans Student Loans Student loans 69