Fico Collections

APRIL 28, 2022

According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more.

Loans 98

Loans Consumer Credit Credit Bureau Student loans 98

True Accord

JULY 9, 2024

And businesses are responding accordingly to the lower demand – several top musical acts from Jennifer Lopez to the Black Keys have canceled summer tours due to low ticket sales while retailers like Walmart and Target are lowering prices on certain goods to appeal to budget-strained shoppers.

Student loans 96

Student loans Student Loans Banks Lender 96

Collection Industry News

AUGUST 17, 2023

The report is based on data from the New York Fed’s nationally representative Consumer Credit Panel. Credit card balances increased by $45 billion, from $986 billion in Q1 2023 to a series high of $1.03 Other balances, which include retail cards and other consumer loans, increased by $15 billion.

Credit Card Debt 40

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Collection Industry News

AUGUST 25, 2024

The report is based on data from the New York Fed’s nationally representative Consumer Credit Panel. The New York Fed also issued an accompanying Liberty Street Economics blog post examining growing balances of home equity lines of credit (HELOC). Credit card balances increased by $27 billion to $1.14

Student loans 40

Student loans Student Loans Credit Card Debt Loans 40

Collection Industry News

MAY 19, 2024

The report is based on data from the New York Fed’s nationally representative Consumer Credit Panel. The New York Fed also issued an accompanying Liberty Street Economics blog post examining credit card utilization and its relationship with delinquency. Credit card balances decreased by $14 billion to $1.12

Student loans 40

Student loans Student Loans Credit Card Debt Loans 40

True Accord

MARCH 31, 2022

The four key trends we’re studying are: resumed foreclosure activity, extensive medical bills, the end of child tax credits and historically high inflation. Add these all together and the financial outlook for consumers, especially those in debt, is scary. But there are silver linings, as well.

Lender 59

Lender Personal loans Foreclosure Loans 59

Troutman Sanders

MAY 9, 2023

Strengthen Retail (Consumer) Investor Protections. The bill would require digital asset firms to publish and distribute a prospectus that includes material information related to the firm’s business, financial condition, results of operations, risk factors, and conflicts of interests. For more information, click here.

Financial services 52

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