Phil Goldstein is a former web editor of the CDW family of tech magazines and a veteran technology journalist. He lives in Washington, D.C., with his wife and their animals: a dog named Brenna and two ...
In 2022, the average American owed almost $102,000 and paid more than 9.5% of their disposable income on debt. That same year, American households owed approximately $17 trillion in total debt, up ...
Opinions expressed by Entrepreneur contributors are their own. The average small business owner today has nearly $200,000 in debt. While financial leverage is often an essential way to grow a small or ...
Garland, Texas ranked as the top city for the highest debt collection accounts in the nation. Eight Texas cities, including Dallas and Houston, were in the top 10 locations with the most collection ...
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
Student-loan borrowers are likely to start feeling the harshest consequences of falling behind on their debt. The Education Department said it’s resuming debt collection on defaulted federal student ...
The Trump administration’s announcement this week that it will restart debt collection on defaulted student loans means some borrowers will feel the consequences as early as next month. Defaulting on ...
Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are ...