Fico Collections
FEBRUARY 25, 2021
Retail consumers, small and medium enterprises, and commercial entities are looking to banks for increasing levels of support and assistance, especially as government-introduced stimulus programs start to mature and expire around the globe, leaving more vulnerable customers wondering where to turn.
Credit Corp
APRIL 26, 2021
The top reason Americans were borrowing in January 2021 was to get out of debt. Some 37.17% of people surveyed who reported ever taking out a personal loan said they used the funds for debt consolidation. More Americans are saving, paying off debt, and taking out personal loans as a way to get out of debt at a lower rate.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Credit Corp
MAY 1, 2024
The most surefire way to get out of debt is to create a detailed budget, prioritize paying off debts with the highest interest rates first while making minimum payments on others, and consistently allocate extra funds toward debt repayment until all balances are cleared. Once you identify your triggers, work to eliminate them.
Credit Corp
MAY 4, 2021
For instance, if you’re a compulsive shopper, delete retail apps and turn off push notifications for sales. “Everyone has a trigger, and it’s important to face it to avoid it and prevent it from destroying your financial gains.”
Collection Industry News
JUNE 17, 2024
Household Debt Is at an All-Time High Household debt across all categories grew by 4.8% This includes mortgages, home equity revolving debt, auto loans, credit cards, student loans and other consumer lending such as retail cards. The total household debt of $17.3 Keep your eyes on the prize: a debt-free life.
Collection Industry News
JANUARY 13, 2024
Auto loan and mortgage debt increased by 4%, while student loan debt saw a modest rise of 1.6%. Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7% Keep your eyes on the prize: a debt-free life. over the same period. on the year.
Burt and Associates
JANUARY 10, 2025
Debt Consolidation Consolidating into a single amortized loan for businesses managing multiple debts can simplify payments and reduce overall costs. This can reduce the total interest paid over the loan’s lifetime and accelerate debt repayment. By the final month, the retailer paid off the loan entirely.
Expert insights. Personalized for you.
52 
Let's personalize your content