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Are Americans Arrested and Jailed for Owing Money?

I want to be very clear here. The answer is an unequivocal resounding NO!

A couple of months ago, the ACLU came out with a report which asserted,   “….Thousands are arrested and jailed each year because they owe money.” 648 more words

Consumer Interest

The 3 Things You Should Offer Customers so You’ll Get Paid—Options, Options, Options

If you are a business that sends out invoices and then sits back and waits for the checks to come, there’s a lot you can do to improve your cash flow. 818 more words

Industry Info

Consumer Debt? Rack it up! Consumer Savings? Well, That’s Another Issue

In a recent blog, we discussed consumer debt. Notably it has increased to historic levels and this trend shows no signs of abating. At least not in the near term. 686 more words

Industry Info

Shining a Light on the Real Face of Collections

If I asked you to conjure up an image of what a typical employee of the collections industry looks like, what comes into your mind? Based on research done by ACA International, it is likely not a particularly favorable image, and is probably of a tough looking male, probably Caucasian, working away in a smoke filled room doing whatever is necessary, by any means, to collect a debt. 503 more words

Industry Info

New Year, Same Story: More Record Debt

We make it a point to regularly recap for our clients the state of consumer debt in our country.  This recap is based on the “Quarterly Report on Household Debt and Credit” as it is reported by the New York Federal Reserve.  602 more words

Industry Info

More About Credit Scores. How Do You Compare?

Last week’s blog focused on why keeping watch on your credit score is important. This week we want to share with you some more facts and data about credit scores and consumer debt. 633 more words

Consumer Interest