2013 Holiday Spending Set to Change Debt Relief Industry

In the debt relief industry the post-holiday period was always the busiest as those pesky holiday bills rolled in and people realized they overspent. The past recent years have been tough for debt relief companies since tough economic times had erased the big post-holiday debt relief peak we all used to know. New data is …

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Consumers on the Brink of Loading Up on Credit. Good News for Debt Relief Companies.

Granted, it might just a bit too early to say with some super confidence but it appears that consumers may be through shedding outstanding consumer debt. For debt relief companies looking for a bit of good news and potential growth in the next 12-24 months, we’ll need to watch this trend carefully. For debt relief …

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Car Loan Delinquency Rates Drop for Seventh Consecutive Quarter to Historic Low

The national auto delinquency rate (the rate of borrowers 60 or more days past due) decreased for the seventh consecutive quarter, dropping to 0.44% at the end of the second quarter in 2011. This is according to TransUnion and its ongoing series of quarterly analyses of credit-active U.S. consumers and how they are managing credit …

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Credit Card Delinquencies Move Downward to Levels Not Seen Since 1996

TraunsUnion has just released their latest report on credit card delinquencies. The lower the level of delinquencies, the lower the level for debt relief services since the vast majority of debt relief inquiries are stimulated by delinquent account holders. In a recent article, here, some in the debt relief community felt that the level of …

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