Debt Settlement Enrollment Linked to Greater Credit Score Declines Than Bankruptcy, New TransUnion Research Finds

Identifying Debt Settlement Risk Before Enrollment TransUnion’s research also found predictive measures that lenders can use to help identify consumers likely to opt for third-party debt settlement programs before enrollment occurs. More than half of all debt settlement enrollees were current at the time they entered a program, highlighting the limitations of relying solely on…

College students’ next debt crisis could be online gambling

Dobrila Vignjevic/Getty Images College students returning to campus this month are no strangers to debt, navigating rising tuition costs, student loans and an ongoing cost-of-living crisis that stretches finances to the breaking point. The average New York student federal loan burden is over $40,000, ingraining for many a significant financial stress into daily life from…

Corporate Travel Management Secures New Debt Facilities as It Books European Liabilities and ANZ Impairment

Corporate Travel Management has secured new $175 million debt facilities from PEP Credit, replacing its existing $75 million corporate facility and supported by a $65 million bank guarantee line from existing lenders. The expanded financing is intended to fund remediation obligations to key UK customers and provide sufficient liquidity for ongoing operations, contingent on the…