For proof that some debt collection agencies are virtually shameless and unscrupulous, consider this: One of them was recently fined more than $700,000 for threatening to exhume the bodies of dead children for non-payment of funeral bills. Others have threatened to...
There is no one cause of financial problems. Maybe it was due to a loss of a job or a cut in hours. Perhaps it was due to an extended illness resulting in expensive medical bills. Debt might have resulted due to essential repairs for motor vehicles.No matter how the...
In previous posts, we have discussed how the U.S. experienced fairly aggressive growth in consumer credit in the three-month period between November 2011 and January 2012. Some debt-related statistics that were recently reported on by Reuters indicate that this...
Struggles with debt can have major impacts on consumers. Recently, some interesting debt-related statistics have arisen regarding Florida. The statistics are from CreditKarma and they regard consumer debt averages in Florida for several different types of debt in...
Last week, we talked about some statistics regarding the U.S. credit card delinquency rate. Today, will we be discussing some statistics regarding the delinquency rate of another type of debt consumers sometimes hold, mortgage debt.The statistics are from the Mortgage...
Some statistics that were recently reported on by CNN Money indicate that the U.S. saw some interesting debt-related trends in 2011. The statistics are from CreditKarma and they regard the U.S. consumer debt averages for certain types of debt in 2011. According to the...
One of the types of credit card debt consumers held and the number of consumers facing credit card debt struggles went up in the United States. These trends give rise to some questions. Will these trends continue in 2011's fourth quarter? What impacts have these...
Many consumers have faced debt struggles in the wake of the economic conditions that the nation has experienced in the past few years. Thus, debt has become a major issue in recent years. Recently, the Wall Street Journal reported on some interesting debt-related...
Recently, some interesting debt-related statistics regarding Florida have come to light. According to a recent survey, last month, the average credit card balance in Florida was $6,442 and the average mortgage in Florida was $161,785. Reportedly, for both mortgages...
Even though the recession has taken its toll on Florida residents, many people have tried get their finances under control. However, it appears that women are more willing than men to seek debt relief help with their financial problems. But what causes this...
