How debt collectors are becoming more involved with the public

Dec 12, 2018 Philip Burgess

How debt collectors are becoming more involved with the public

Now more than ever, consumers are depending on loans to get by, which means the amount of money owed by debtors has increased. A report by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute showed that 77 million


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The expectations debtors have for collectors

Dec 12, 2018 Phil Burgess

The expectations debtors have for collectors

With scams rampant, consumers are on the lookout for hoaxes more than ever. Customers are becoming more suspicious of debt collectors over the phone, which means professionals have to pay attention to what the debtor's expectations are during


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How telephone scams affect debt collectors, consumers

Dec 12, 2018 Philip Burgess

Debt collectors face the challenge of overcoming two obstacles - proving their worth to the public and differentiating themselves from the con-men who pose in their place. It can be difficult for those in the business to be seen as assisting


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Home value appreciation could spark consumer spending confidence

Dec 12, 2018 Philip Burgess

Home value appreciation could spark consumer spending confidence

Generally, the months following the holidays are slow for consumer spending, but with home value still on the rise, Americans might feel as though they are in a good financial spot to purchase goods and services. In January, values were up


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Internet offers short term lenders a chance to expand

Dec 12, 2018 Philip Burgess

Internet offers short term lenders a chance to expand

Short term lenders have continuously contended with poor public perception. The industry's good name has been tarnished by businesses partaking in poor practices, which often cause lawmakers to intervene.The fact of the matter is, the majority


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