Credit/AdobeStock According to Experian, the average American consumer had more than $100,000 in debt at the end of 2022 and debt balances grew for most, regardless of their credit score. Helping consumers manage this debt from mortgages, auto loans, credit cards and more is increasingly important, especially in our current interest rate environment. What will…
Share this post: A new TransUnion (NYSE: TRU) study, Debt Consolidation in a Rising Economy found that amidst a period of growth in credit card balances and originations, consumers continue to turn to unsecured personal loans as a way to consolidate high interest credit card debt. The study examined which consumers were turning to unsecured personal loans…
GRAND RAPIDS, Mich. A recent study from the Better Business Bureau (BBB) found companies that promise to reduce a persons debt or improve their credit often fail those consumers. These companies are supposed to be following federal regulations, and a lot of them are slipping under the radar, said Katie Grevious, marketing and communications manager…
BBB Investigation: Some debt relief and credit repair companies fail to deliver on big promises Skip to content Read the full article at: https://whnt.com/taking-action/bbb-consumer-alerts/bbb-investigation-some-debt-relief-and-credit-repair-companies-fail-to-deliver-on-big-promises/
BBB Investigation: Some debt relief and credit repair companies fail to deliver on big promises Skip to content Read the full article at: https://whnt.com/news/bbb-investigation-some-debt-relief-and-credit-repair-companies-fail-to-deliver-on-big-promises/
Dealing with debt can be an overwhelming challenge, affecting not only your financial wellbeing but also your overall quality of life. However, if you find yourself struggling to manage multiple debts, a Debt Management Plan (DMP) can be a helpful solution to help you regain control over your finances. So how does a Debt Management…
St. Louis, Mo., August 17, 2023 A study by Better Business Bureau (BBB) finds that while people in North America struggle to pay trillions of dollars in debt, some look for help from companies promising to help reduce or eliminate their debt or fix their credit score. And some of these companies make big promises,…
COLUMBUS North Americans owe more than $16 trillion of debt, yet the companies they turn to for help often fail them. Thats the upshot of a 2023 study conducted by the Better Business Bureau. Logging more than 11,000 complaints and more than 900 negative reviews about companies offering offering debt relief and credit assistance, the…
WICHITA FALLS (KFDX/KJTL) A recent study by the Better Business Bureau has found that many people struggling with debt are looking to help from companies and ending up in further debt. When it comes to debt relief and debt consolidation, our local BBB location knows that debt consolidation and debt repair companies are going to…
Better Business Bureau study on debt relief and credit repair finds some companies fail Published 8:55 am Thursday, August 17, 2023 A study by Better Business Bureau finds that while people in North America struggle to pay trillions of dollars in debt, some look for help from companies promising to help reduce or eliminate their…