Tag: debt

Loading...
It’s that time of year — for debt consolidation...

The holidays can be a stressful time for consumers — and an important time for lenders to anticipate the aftermath of big credit card...

Read More It’s that time of year — for debt consolidation
Study highlights generational gap on debt...

A recent Experian credit trends study showcases the types of debts Americans have, the amounts they owe and the differences between generations. Nationally, the average debt in the United States is $78,030 and the average VantageScore® is 751. The debt and VantageScore distribution for each group is listed below,...

Read More Study highlights generational gap on debt
Delinquent debt on the rise for very small and largest...

Findings from the Q2 Experian Business Benchmark Report showed that the amount of delinquent debt has increased significantly for the largest and smallest businesses. Very large businesses (those with more than 1,000 employees) had the greatest shift in percentage of dollars delinquent, shifting from 11.6 percent in June 2010...

Read More Delinquent debt on the rise for very small and largest businesses