Targeting Perma-Debt, U.K. Banks Get Serious About Credit Card Minimum Dues
In the U.K., it is called 'persistent' credit card debt, but the U.S. credit card companies use a better phrase: ...
Tag: Debt
Five Credit Card Collection Legal Events to Watch in 2020
Credit card operations should be aware of five regulatory issues as the new decade unfolds, according to InsideARM, a collection ...
Minimum Dues and Minimum Don’ts: UK versus US Credit Cards
Credit cards in the United Kingdom are a mature market, being one of the first areas of global expansion by ...
One Way to Resolve Rising Credit Card Debt – Take the Card Away
An article in The Guardian refers to the upcoming deadline under the Financial Conduct Authority’s Affordability Rules for lenders to ...
Consumers Keep on Going, but eCommerce is the Biggest Beneficiary
Yesterday, Bloomberg News reported that retailers had overcome a short holiday selling season to notch decent growth over 2018, and ...
A Whole New World is Opening up for Lenders and Debt Collectors
The regulatory framework for oversight of the consumer debt collection industry has long been a patchwork of dated legislation. Beginning ...
Rapid Installment Loan Growth and Delinquency Upticks: Time to Tap the Brakes on Credit Card Lending?
At the risk of being a Grinch during the winter holiday season, credit card issuers should begin to exercise caution ...
A Whole New World is Opening up for Lenders and Debt Collectors
The regulatory framework for oversight of the consumer debt collection industry has long been a patchwork of dated legislation. Beginning ...
Student Loan Debt: You Think You Have Problems?
It’s time for a breather on credit cards, just for a day. If you need to fill the void for ...
Corporate Debt Nears a Record $10 Trillion, and Borrowing Binge Poses New Risks
We typically don’t wander into the depths of corporate finance since it is tangentially related to core coverage of payments. ...
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