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4/12/2018 Consolifi Blogs: Debt And Collection: a Bigger Picture
https://consolifi.blogspot.nl/2018/03/debt-and-collection-bigger-picture.html 1/2
Consolifi Blogs
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Tuesday, March 27, 2018
Posted by Consolifi at 5:22 AM
Labels: debt collection, general public, industry
Debt And Collection: a Bigger Picture
Debt is part of everyone’s lives, and so is debt collection. In the United States, millions upon
millions of Americans are in some way, in debt. According to national statistics, over 30 million
people living in America have unpaid debt. While this number is staggering, it should be noted
that debt comes in many forms, from student loans, to mortgages, to unpaid medical bills, to
unpaid parking tickets, to unpaid highway tolls.
As such, it comes as no surprise that countless agencies in the debt collection industry have
been hit with an endless number of complaints from people and businesses who owe money. The
number of complaints for debt collection agencies is so high that the Consumer Protection
Bureau entertains more complaints against debt collectors than any business in the United
States. Although it should be worthy to note that almost 4 out of 10 of those complaining are
seniors.
Households in the United States for
example, are over $15,000 in debt to
credit card companies (on an
average). College graduates, also on
an average, owe almost $30,000 to
loaning companies or the government.
This is quite puzzling since around
half of the people who’ve graduated
from college, who are also in debt, are
employed by companies that don’t
require college degrees.
Consolifi gives clients guidelines on
understanding debt settlement
companies. Learn more about
Consolifi’s services here.
Image source: domingo-law.com
Image source: gravitatefinancial.com
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Understanding the Bigger Picture of Debt and Collection

  • 1. 4/12/2018 Consolifi Blogs: Debt And Collection: a Bigger Picture https://consolifi.blogspot.nl/2018/03/debt-and-collection-bigger-picture.html 1/2 Consolifi Blogs Home Blogs About Contact Tuesday, March 27, 2018 Posted by Consolifi at 5:22 AM Labels: debt collection, general public, industry Debt And Collection: a Bigger Picture Debt is part of everyone’s lives, and so is debt collection. In the United States, millions upon millions of Americans are in some way, in debt. According to national statistics, over 30 million people living in America have unpaid debt. While this number is staggering, it should be noted that debt comes in many forms, from student loans, to mortgages, to unpaid medical bills, to unpaid parking tickets, to unpaid highway tolls. As such, it comes as no surprise that countless agencies in the debt collection industry have been hit with an endless number of complaints from people and businesses who owe money. The number of complaints for debt collection agencies is so high that the Consumer Protection Bureau entertains more complaints against debt collectors than any business in the United States. Although it should be worthy to note that almost 4 out of 10 of those complaining are seniors. Households in the United States for example, are over $15,000 in debt to credit card companies (on an average). College graduates, also on an average, owe almost $30,000 to loaning companies or the government. This is quite puzzling since around half of the people who’ve graduated from college, who are also in debt, are employed by companies that don’t require college degrees. Consolifi gives clients guidelines on understanding debt settlement companies. Learn more about Consolifi’s services here. Image source: domingo-law.com Image source: gravitatefinancial.com No comments: Post a Comment Social Links Embed View on Twitter Tweets by @consolifi Oct 12, 2015 Visit Consolifi.com to start your personalized #debt #management plan! Consolifi @consolifi Consolifi @consolifi Twitter Feed credit credit card credit score debt debt collection general public industry keeping credit in check personal finance protecting credit protecting credit scores saving money traveling vacation Labels Consolifi View my complete profile About Me ▼ 2018 (2) ► April (1) ▼ March (1) Debt And Collection: a Bigger Picture ► 2017 (2) Blog Archive Meer Volgende blog» Blog maken Inloggen Deze site gebruikt cookies van Google om services te leveren, advertenties te personaliseren en verkeer te analyseren. Informatie over je gebruik van deze site wordt gedeeld met Google. Als je deze site gebruikt, ga je akkoord met het gebruik van cookies. MEER INFORMATIE IK SNAP HET
  • 2. 4/12/2018 Consolifi Blogs: Debt And Collection: a Bigger Picture https://consolifi.blogspot.nl/2018/03/debt-and-collection-bigger-picture.html 2/2 Newer Post Older PostHome Subscribe to: Post Comments (Atom) Sign out Notify me Enter your comment... Comment as: Unknown (Goo PublishPublish PreviewPreview Simple theme. Powered by Blogger.