A survey from the Consumer Financial Protection Bureau suggests that more than one in four consumers who get contacted by debt collectors feel threatened by the interaction. What’s more, almost half (40%) of consumers contacted by debt collectors go on to request … [Read More..]
You’ve heard about the current student loan debt crisis, but there’s another type of economic bubble ready to burst, too, and it’s not talked about nearly as much in the media. Recent statistics show that Americans collectively owe over $1.42 trillion in … [Read More..]
We’ve all heard the disturbing statistics that indicate student loan debt has reached unfathomable levels. As of September of 2022, U.S. adults collectively owed over $1.6 trillion. What you may not know, though, is that this incredible debt load has doubled over … [Read More..]
Auto financing has always been a booming business considering how expensive cars are, but there’s a disturbing new trend emerging for borrowers in 2023. Throughout 2022, an incredible 14% of consumers agreed to pay over $1,000 a month to fund a car … [Read More..]
Financing car purchases has become the norm in America. Over 85% of new car purchases are currently getting financed, and even about 62% of used vehicle sales are now being financed through auto loans, too. If you’re currently hoping to secure a … [Read More..]
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