Credit Card Delinquency: Metrics Continue to Improve
Household debt increased $344 billion over last year to $14.64 trillion. Growth was evident in auto loans (+$8 billion) and ...
Tag: Debt
Discover the latest news and trends in debt management. PaymentsJournal provides expert analysis and updates to help you navigate financial challenges and opportunities in the debt sector.
Re-Igniting Credit Card Lending: Get Ready for Points and Credit Lines
A sign of returning to normal is evident as credit card issuers reposition their strategies to get back into the ...
Attention Debit Issuers: The Fed Plans to Clarify Regulation II
The Federal Reserve Board made an announcement today that it is seeking input on a clarification to Regulation II requiring ...
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 ...
We Must Learn Lessons of Greensill Debacle: Call for Firms to Become More Transparent in Major Shakeup of Supply Chain Financing
This piece is posted in This is Money and discusses several recent apparent financial collapses while associating these with supply ...
FIS New Hires Will Soon Have No Tears Left to Cry Over Student Loans
Certain FIS new hires are about to have one less problem without student loan payments. It’s no secret that college ...
Personalizing and Improving Debt Recovery Using Open Source and Cloud Native Technology
Household debt is at a staggering $48 trillion globally with sharp growth in both Norway and China. Effective debt collection ...
How Community Banks Can Prepare for a Likely Increase in Delinquent Payments
Let’s face it: the pandemic has all but crippled the U.S. economy. Millions of citizens have been left jobless in ...
Credit Cards, Ant Financial, and Jack Ma: Sour Grapes or e-Yuan?
Anyone can feel empathic about a bride left at the altar, so imagine how Jack Ma feels after Chinese regulators ...
Your Debt Collector Wants to Friend You on Facebook
If you owe money, it just got harder to hide from the debt collectors. The Consumer Financial Protections Bureau (CPFB) ...
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