Consumer Advisory: 7 ways to keep medical debt in check

Debt collection is the top complaint we’ve received since September 2013. Out of all debt types, medical collections make up 52 percent of collection accounts on credit reports, far outpacing all other types of debt. Medical collections are so widespread, that an estimated 43 million consumers with an account in collection have medical debt. We [...]

By |2017-05-20T11:45:15-05:00December 11th, 2014|FDCPA|Comments Off on Consumer Advisory: 7 ways to keep medical debt in check

Warren Vows to Keep Pushing for Blocked Student Loan Bill

Sen. Elizabeth Warren (D-Mass.) promised Wednesday to keep pushing for student loan legislation after a bill allowing borrowers to refinance their debts failed to come up for a vote this week. Collection & Credit Risk

By |2014-09-19T08:48:23-05:00September 19th, 2014|FCRA|Comments Off on Warren Vows to Keep Pushing for Blocked Student Loan Bill

Poll Shows Many Could Not Keep Current Lifestyle Without Credit Cards

The ability to stop using credit cards and pay cash for purchases can be a sign of financial stability as it proves a person’s lifestyle is in line with their income, according to an industry association. Not surprisingly, many people are in the danger zone. Collection & Credit Risk

By |2017-05-20T11:45:26-05:00September 17th, 2014|FDCPA|Comments Off on Poll Shows Many Could Not Keep Current Lifestyle Without Credit Cards

Consumer advisory: 3 things to keep your retirement plan on track

Compared to a decade ago, there are fewer older homeowners who own their homes free and clear. Older homeowners are also carrying more mortgage debt. While the share of older homeowners with a mortgage increased from 22 to 30 percent between 2001 and 2011, the median amount of their mortgage debt grew from about $ [...]

By |2017-05-20T11:45:33-05:00May 20th, 2014|News|Comments Off on Consumer advisory: 3 things to keep your retirement plan on track

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