Image via Wikipedia I read some interesting stats today on consumer debt. In 2008, the average American household had over $10,000 in credit card debt and more than half carried regular balances over $7000 (source: CardWeb.com). That means as debt counselor you have a lot of work to do. Educating Consumers About Debt The most [...]
The Government Helping Consumers Out of Debt
Image via Wikipedia It seems like there was a lot of talk of the government helping consumers out of their debt problems. The premise was that this would jump start the teetering economy. Did it happen? I’m kinda asking the question out loud and hoping for your input. I am not really seeing it. Loan [...]
Aged Debt Leads Need Love Too
Image by eric731 via Flickr Aged debt leads are probably some of the most damaged clients on the planet. They are desperate for help, yet prey for some of the most unscrupulous. Even the ones that can help often treat them like second-class citizens. You can be better than that. Not only is it the [...]
Debt Settlement News
Image via Wikipedia There are a lot of things happening in the debt industry. Are you staying tuned in? It is certainly going to change the way you are doing business. Here are some of the top issues you should be following: Debtors are litigating directly against the debt collections industry and that is pulling [...]
Consumer Debt and Foreclosures Soaring, How Can You Help?
Foreclosures continue to soar, up 25 percent year-over-year. Nearly 280,000 homeowners have received a foreclosure related notice in October jumping 5 percent over the prior month, according to RealtyTrac. Rising Consumer Debt and Sinking Economy These rising numbers are sure to keep your debt business hoping. Unlike the rising number of bank bailouts and loan [...]
