Economy

Another day, yet another sign that consumers are over-extended and are at risk of falling off a financial cliff. The...

A $238 million impairment as a result of low purchase volumes by its European division darkened the financial results for...

Three days after the Consumer Financial Protection Bureau released a report indicating that large banks are offering higher credit card...

More than half of individuals with medical debt have been contacted by a collection agency, compared with 8% of those...

The financial landscape has undergone a digital metamorphosis, placing consumer financial literacy at the forefront of effective debt collection strategies....

LAS VEGAS -- 2024 is going to be the year where the accounts receivable management industry will find out just...

Delinquency rates are on the rise. The amount of debt being carried by consumers is on the rise. The number...

Have you ever thought of offering free credit monitoring services to consumers from whom you are trying to collect? Normally...

After falling for at least the past three years, the number of bankruptcy filings spiked upwards in 2023, according to...

Context is everything, including when it comes to data. Looking at delinquency rates published on Friday by VantageScore, if all...