Remove Education Remove Healthcare Remove Loans
article thumbnail

Why are Americans Stressed About Money?

Nexa Collect

This makes it difficult for individuals and families to keep up with expenses such as housing, healthcare, and education. Healthcare Costs : The United States is known for its expensive healthcare system. Educational Expenses : The cost of higher education in the US is among the highest in the world.

article thumbnail

Education Loans Hit Hardest As Bad Debt Rises In Personal Loans

Collection Industry News

Bad debt in the personal loans sector is increasing, with defaults highest in the education segment and lowest in housing, according to an RBI report. Non-performing assets or NPA in education personal loans are at 3.6 percent in auto loans, and 1.1 Non-performing assets or NPA in education personal loans are at 3.6

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What to Do When Unemployment Benefits Run Out

Credit Corp

You might also qualify for Medicaid health benefits , Social Security benefits , or local and private assistance with education, child care or other necessary costs. As a self-employed individual, you might also qualify for financial tools such as small-business loans or grants through the Self-Employment Assistance Program.

article thumbnail

Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

The ending of various pandemic-era benefits including the pause on student loan payments will impact consumers in the coming months. Key Indicators and the Student Loan Predicament According to the New York Fed’s Quarterly Report on Household Debt and Credit , total household debt increased in the first quarter of 2023 by $148 billion (.9%)

article thumbnail

Part-Time Weekend Jobs–Top 14 To Consider in 2021

Credit Corp

Or, perhaps it’s a student who needs to earn a little extra money to help pay student loans. Nevertheless, these opportunities require a variety of education and skill levels. And others require specific education. Freelance writers can earn upwards of $1 a word and more if they have specialized education (I.e.,

Retail 101
article thumbnail

How to Remove Sunrise Credit Services from Your Credit Report

Better Credit Blog

This can mean that you may be passed over for loan and credit card approvals in the future. Sunrise Credit Services collects a variety of debts including payday loans, credit card debt, installment loans, auto loans, student loans, healthcare debt, and more. Request a Goodwill Deletion.

article thumbnail

Student Debt Weakens Retirement Security

Collection Industry News

Student loan debt for older adults, their children, and their grandchildren has been rising for decades. The median debt amount for Americans older than age 50 was three times more in 2016 than it had been in 1989, especially for home, credit card, and student loan debt. Source: site. Those days are over. percent in 2019 versus 2.9