Credit Card Volumes Brewing before Winter Holidays Hit
Black Friday is 32 days away, on November 26. With 2021 retail sales “estimated to total between $4.44 trillion and $4.56 ...
Tag: credit card debt
Modernizing Credit Card Collection Regulations: Updating the FDCPA
November 30, 2021, is the kick-off date for modifying Regulation F, which governs collections' dos and don'ts. The change comes ...
Credit Card Delinquencies: Volume Decreases Choke Collection Agencies
Probably the least regarded segment of credit cards is the lowly collection agency. They work at the back end of ...
Credit Card Revolving Debt: Next Stop $1 Trillion?
U.S. Revolving debt slowly rebounded in June, based on the latest update by the Federal Reserve. The Seasonally Adjusted metric moved ...
Revolving Credit Card Debt: Is $1 Trillion the Max We Can Handle?
One trillion is a large number. When it represents the amount of consumer debt in the United States, each of ...
Credit Card Debt Settlement Companies Come Under Fire: It Is About Time
Credit card growth might be lagging after COVID-19, but business is booming for private debt settlement companies. According to the Consumer ...
CFPB Considers Extending Mortgage Forbearances through Year-End; What About Cards?
Forbearances, an agreement to forestall collection activity against a delinquent account, give the consumer a short-term solution to suspend payments ...
Credit Card Forbearance Results So Far:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
The Dead Cat Bounce in Revolving Credit Card Debt: Not So Bad Considering the Facts
The number for credit card issuers to watch is revolving debt in the United States. The metric I prefer is ...
Unemployment Up, Credit Card Debt Down
A general premise about credit cardholders is that there is a sincere commitment to repay. As with everything, there are ...
Must Reads
©2024 PaymentsJournal.com | Terms of Use | Privacy Policy
