Past behavior is the best predictor of future behavior. However, we all grow and evolve as humans. With that in mind, a past mistake or financial failure shouldn’t preclude you from getting a new loan, but it often does. If you’re hoping … [Read More..]
Corporate debt can be a beneficial tool that a business uses to reinvest in their company’s growth, but it can become a problem when debt levels exceed the company’s ability to pay. Have you recently found your company stretched out a bit … [Read More..]
Since 2020, consumer debt has been rising faster than ever. Now, the average American owes about $96,371 to mortgage providers, credit card companies, and other lenders. As you’d expect, mortgages continue to remain one of the biggest contributors to overall debt in … [Read More..]
According to auto experts, we’re headed into yet another crisis as auto loan defaults are increasing sharply. There is, however, a silver lining, as experts don’t believe that the rise in auto loan defaults will lead to more repossessions. If you’re currently … [Read More..]
Have you ever heard the phrase that debt is money? Debt collection agencies take that phrase to a whole new level! As of 2022, the debt collection industry is worth a whopping $15 billion, and the pandemic reportedly didn’t hinder the market … [Read More..]
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