by visualcapitalist
According to the Federal Reserve (Fed), U.S. consumer debt is approaching a record-breaking $16 trillion. Critically, the rate of increase in consumer debt for the fourth quarter of 2021 was also the highest seen...
The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the industry...
(Bloomberg) -- President Joe Biden’s finances request highlights shrinking cumulative deficits by greater than $1 trillion over the subsequent decade, however that hardly makes a dent within the authorities’s ballooning debt.Most Learn from...
