by Admin | Dec 19, 2023 | Consumer Debt
Major Changes in Credit Reporting for Medical Debt The Consumer Financial Protection Bureau (CFPB) is introducing groundbreaking proposals under the Biden administration to mitigate the adverse effects of medical debt on Americans’ credit scores, signaling a...
by Admin | Aug 1, 2023 | About Florida Debt Collection Attorney, Consumer Debt, Credit Card Debt Collection
Debt recovery is a business necessity impacting all industries. Profitability hinges on successful debt collection strategies, which must be tailored to the unique contexts of various sectors, such as healthcare, finance, and construction. This analysis focuses on...
by Admin | Apr 20, 2023 | About Florida Debt Collection Attorney, Consumer Debt
Rising Card Delinquency Rates: An Overview The financial strain of living paycheck to paycheck is becoming more evident in the credit card industry, with recent statistics revealing that cardholders are falling behind on their monthly payments. Synchrony Bank reported...
by Admin | Jan 26, 2023 | Consumer Debt
According to a survey, many consumers will prioritize paying off debt in 2023. According to the 2022 Money Trend Report from consumer finance app Cleo, 42% of respondents responded that paying off debt was their top priority in 2022 despite the challenging economic...
