Are Consumer Lenders Prepared for the Debt Tsunami?
Are Consumer Lenders Prepared for the Debt Tsunami? A TSUNAMI OF DEBT IS ON THE HORIZON. IF HISTORY IS ABOUT TO REPEAT ITSELF – HOW CAN CONSUMER LENDERS PREPARE FOR THE INCREASE IN DEFAULTS? There are five factors negatively impacting the global economy (high inflation, unemployment, deep recession, mounting debt and slow economic growth). If […]
What is an auto deficiency balance?
With nearly 2.2 million vehicle repossessions every year and over $600 billion in auto loans in the United States, many consumers may be wondering what leads to repossession and why they still owe money even after their car has been taken away. This is called an auto deficiency balance. The goal of this Money Chat Article – […]
