Tag Archives: John Monderine
The Collections Industry Is Booming And Bursting With Change
In the midst of a huge economic recession, one industry that has been booming for the last couple of years has beenyou guessed it. The collections industry. For the most part, collections and recoveries are outsourced business functions. With more and more Americans piling on debt rather than waiting to save and buy, it would simply not be possible for a creditor to take on collecting debt from all of their accounts. That’s when the creditors turn to the collections agencies.
Which Financial Issue Do You Tackle First? Mortgage Or Credit?
What happens if your income decreases? You have less money, but the amount of debt you owe remains the same. What’s the best way to prioritize payments? If you have credit cards chances are you might also have personal loans and a mortgage.