Client Management Collateral Retail 
Collection Industry News
JUNE 17, 2024
This includes mortgages, home equity revolving debt, auto loans, credit cards, student loans and other consumer lending such as retail cards. Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7% The total household debt of $17.3 over the same period.
Collection Industry News
JANUARY 13, 2024
Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7% However, while mortgages and auto loans, for example, are backed by collateral that likely eventually become a pure asset, credit card accounts are simply debt on a ledger. over the same period.
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