by Admin | Dec 26, 2023 | Credit Card Debt Collection
In today’s rapidly changing financial world, it’s more important than ever to grasp how rising credit card charges and the growth of digital banking affect us all. This is especially true for debt collection attorneys who need to keep up with these trends...
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 | Jan 17, 2023 | Credit Card Debt Collection
According to data from a consumer credit reporting agency during the third quarter, personal loans and credit card debt reached record levels in 2022 due to financial strains caused by high inflation and rising interest rates. According to TransUnion research, credit...
by Admin | Jul 10, 2020 | Credit Card Debt Collection, Debt Industry
On one side, it seems counter-intuitive – an economy that is falling – people out of work – all due to a global pandemic. One might assume that means people are going to be maxing out their credit cards in order to cover day to day living needs. On...
by Admin | Apr 15, 2020 | Credit Card Debt Collection
Continuing what would appear to be a trend consumers have cut back on their use of credit cards, knocking another 3.3% off the annual rate of borrowing in January. When other credit such as student and auto loans continued to rise (though at a slower rate) this was...
by Admin | Jul 7, 2017 | Credit Card Debt Collection, Debt Industry
All of a sudden Americans are defaulting on their credit cards The American economy has been fairly robust recently – unemployment hit the lowest level in 16 years and stocks reached an all-time high recently. So why have Americans, all of a sudden, stop paying...
