Credit Card Debt Soars; Forecast Calls for More

U.S. credit card debt jumped by $ 57.1 billion - up 47% - in 2014 compared to 2013 and the forecast calls for the total to reach $ 60 billion this year, according to a new survey from CardHub. Collection & Credit Risk

By |2015-03-10T23:08:24-05:00March 10th, 2015|FCRA|Comments Off on Credit Card Debt Soars; Forecast Calls for More

Access to Free Credit Scores Soars Past 50 Million

More than 50 million consumers now have free and regular access to their credit scores through their monthly credit card statements or online, the Consumer Financial Protection Bureau reported Thursday. Collection & Credit Risk

By |2015-02-20T14:35:50-06:00February 20th, 2015|FDCPA|Comments Off on Access to Free Credit Scores Soars Past 50 Million

Consumer Borrowing Soars on Auto Loans

Fueled by demand for auto loans and higher credit card balances, U.S. consumer borrowing soared in July and posted its biggest jump since November 2001. Collection & Credit Risk

By |2014-09-13T06:17:40-05:00September 13th, 2014|FCRA|Comments Off on Consumer Borrowing Soars on Auto Loans

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