Improved June consumer spending could lead to more borrowing activity

Jan 09, 2019 Philip Burgess

June proved to be another strong month for the consumer, as American spending trended upward. As a result, borrowing activity could increase, potentially leading to higher demand for short term lending. The Deloitte Consumer Spending Index


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How debt collectors can combat industry scammers

Jan 09, 2019 Philip Burgess

Any industry that is rife with scams and fraudulent activities will suffer from a lack of trust among the general public. This is the current state of affairs for the reputable debt collection agencies in the United States. False collection


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How Could Trump's Regulatory Reform Impact Consumer Lending? Part Two

Jan 09, 2019 Philip Burgess

How Could Trump's Regulatory Reform Impact Consumer Lending? Part Two

In Part Two of this series, we'll make an attempt to determine how Trump's executive orders will impact consumer lending.


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Governments see the perks of short term loans

Jan 09, 2019 Philip Burgess

In New York, there has been a lot of controversy and debate in the last month or so regarding the short term lending industry. Governor Andrew Cuomo and Superintendent of Financial Services Benjamin Lawsky seem to have a personal vendetta against


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Foti messages can land debt collectors in hot water

Jan 09, 2019 Philip Burgess

Foti messages can land debt collectors in hot water

Debt collection agencies can often have trouble contacting consumers to address accounts. Some debtors may avoid calls, while it may simply be difficult to get in touch with them at their homes during normal business hours. Since contacting


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