SlideShare a Scribd company logo
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
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.

More Related Content

What's hot

Childrens Hospices And The Recession 100129
Childrens Hospices And The Recession 100129Childrens Hospices And The Recession 100129
Childrens Hospices And The Recession 100129
Karl Wilding
 
Credit EDA case study
Credit EDA case studyCredit EDA case study
Credit EDA case study
Mithul Murugaadev
 
Americans Are Taking on More Credit Card Debt
Americans Are Taking on More Credit Card DebtAmericans Are Taking on More Credit Card Debt
Americans Are Taking on More Credit Card Debt
Global Client Solutions
 
America's failing banks feature
America's failing banks featureAmerica's failing banks feature
America's failing banks feature
Hazween Hassan
 
All about credit unions and banking services
All about credit unions and banking servicesAll about credit unions and banking services
All about credit unions and banking services
Marie Mana
 
Dba press-quid-pro-status-quo
Dba press-quid-pro-status-quoDba press-quid-pro-status-quo
Dba press-quid-pro-status-quo
DeepDude
 
Top Ten Scams Targeting Seniors
Top Ten Scams Targeting SeniorsTop Ten Scams Targeting Seniors
Top Ten Scams Targeting Seniors
Mark Draper
 
The Next Financial Crisis?
The Next Financial Crisis?The Next Financial Crisis?
The Next Financial Crisis?
sack4april
 
Home Mortgage Disclosure Act Report
Home Mortgage Disclosure Act ReportHome Mortgage Disclosure Act Report
Home Mortgage Disclosure Act Report
CTUL
 

What's hot (9)

Childrens Hospices And The Recession 100129
Childrens Hospices And The Recession 100129Childrens Hospices And The Recession 100129
Childrens Hospices And The Recession 100129
 
Credit EDA case study
Credit EDA case studyCredit EDA case study
Credit EDA case study
 
Americans Are Taking on More Credit Card Debt
Americans Are Taking on More Credit Card DebtAmericans Are Taking on More Credit Card Debt
Americans Are Taking on More Credit Card Debt
 
America's failing banks feature
America's failing banks featureAmerica's failing banks feature
America's failing banks feature
 
All about credit unions and banking services
All about credit unions and banking servicesAll about credit unions and banking services
All about credit unions and banking services
 
Dba press-quid-pro-status-quo
Dba press-quid-pro-status-quoDba press-quid-pro-status-quo
Dba press-quid-pro-status-quo
 
Top Ten Scams Targeting Seniors
Top Ten Scams Targeting SeniorsTop Ten Scams Targeting Seniors
Top Ten Scams Targeting Seniors
 
The Next Financial Crisis?
The Next Financial Crisis?The Next Financial Crisis?
The Next Financial Crisis?
 
Home Mortgage Disclosure Act Report
Home Mortgage Disclosure Act ReportHome Mortgage Disclosure Act Report
Home Mortgage Disclosure Act Report
 

Similar to Consolifi blogs

Ignore customers at your own peril
Ignore customers at your own perilIgnore customers at your own peril
Ignore customers at your own peril
Joe Orlando
 
14 Academic Plan Worksheet Work
14 Academic Plan Worksheet  Work14 Academic Plan Worksheet  Work
14 Academic Plan Worksheet Work
Heidi Maestas
 
The truth about your auto no fault
The truth about your auto no faultThe truth about your auto no fault
The truth about your auto no fault
Brianlculver
 
How To Write A Great College Admissions Essay
How To Write A Great College Admissions EssayHow To Write A Great College Admissions Essay
How To Write A Great College Admissions Essay
Pam Fenno
 
Viewpoint_Issue_1
Viewpoint_Issue_1Viewpoint_Issue_1
Viewpoint_Issue_1
Philip Brooks
 
Williams Globalization Paper
Williams Globalization PaperWilliams Globalization Paper
Williams Globalization Paper
Shanequa Williams
 
Brooks Glad Presentation 11 11 10 V2
Brooks Glad Presentation 11 11 10 V2Brooks Glad Presentation 11 11 10 V2
Brooks Glad Presentation 11 11 10 V2
Rick Gilman
 
8 Tips For Millennials Tackling Student-Loan Debt
8 Tips For Millennials Tackling Student-Loan Debt8 Tips For Millennials Tackling Student-Loan Debt
8 Tips For Millennials Tackling Student-Loan Debt
Performance SLC
 

Similar to Consolifi blogs (8)

Ignore customers at your own peril
Ignore customers at your own perilIgnore customers at your own peril
Ignore customers at your own peril
 
14 Academic Plan Worksheet Work
14 Academic Plan Worksheet  Work14 Academic Plan Worksheet  Work
14 Academic Plan Worksheet Work
 
The truth about your auto no fault
The truth about your auto no faultThe truth about your auto no fault
The truth about your auto no fault
 
How To Write A Great College Admissions Essay
How To Write A Great College Admissions EssayHow To Write A Great College Admissions Essay
How To Write A Great College Admissions Essay
 
Viewpoint_Issue_1
Viewpoint_Issue_1Viewpoint_Issue_1
Viewpoint_Issue_1
 
Williams Globalization Paper
Williams Globalization PaperWilliams Globalization Paper
Williams Globalization Paper
 
Brooks Glad Presentation 11 11 10 V2
Brooks Glad Presentation 11 11 10 V2Brooks Glad Presentation 11 11 10 V2
Brooks Glad Presentation 11 11 10 V2
 
8 Tips For Millennials Tackling Student-Loan Debt
8 Tips For Millennials Tackling Student-Loan Debt8 Tips For Millennials Tackling Student-Loan Debt
8 Tips For Millennials Tackling Student-Loan Debt
 

Recently uploaded

How to Buy an Engagement Ring.pcffbhfbfghfhptx
How to Buy an Engagement Ring.pcffbhfbfghfhptxHow to Buy an Engagement Ring.pcffbhfbfghfhptx
How to Buy an Engagement Ring.pcffbhfbfghfhptx
Charleston Alexander
 
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdfThe Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
thesiliconleaders
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
Adnet Communications
 
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
my Pandit
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
Digital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital ExcellenceDigital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital Excellence
Operational Excellence Consulting
 
Digital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on SustainabilityDigital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on Sustainability
sssourabhsharma
 
Innovation Management Frameworks: Your Guide to Creativity & Innovation
Innovation Management Frameworks: Your Guide to Creativity & InnovationInnovation Management Frameworks: Your Guide to Creativity & Innovation
Innovation Management Frameworks: Your Guide to Creativity & Innovation
Operational Excellence Consulting
 
Innovative Uses of Revit in Urban Planning and Design
Innovative Uses of Revit in Urban Planning and DesignInnovative Uses of Revit in Urban Planning and Design
Innovative Uses of Revit in Urban Planning and Design
Chandresh Chudasama
 
Best practices for project execution and delivery
Best practices for project execution and deliveryBest practices for project execution and delivery
Best practices for project execution and delivery
CLIVE MINCHIN
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
timesbpobusiness
 
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdfRegistered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
dazzjoker
 
4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf
4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf
4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf
onlyfansmanagedau
 
GKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt PresentationGKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt Presentation
GraceKohler1
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
katiejasper96
 
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
taqyea
 

Recently uploaded (20)

How to Buy an Engagement Ring.pcffbhfbfghfhptx
How to Buy an Engagement Ring.pcffbhfbfghfhptxHow to Buy an Engagement Ring.pcffbhfbfghfhptx
How to Buy an Engagement Ring.pcffbhfbfghfhptx
 
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdfThe Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
 
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
Digital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital ExcellenceDigital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital Excellence
 
Digital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on SustainabilityDigital Marketing with a Focus on Sustainability
Digital Marketing with a Focus on Sustainability
 
Innovation Management Frameworks: Your Guide to Creativity & Innovation
Innovation Management Frameworks: Your Guide to Creativity & InnovationInnovation Management Frameworks: Your Guide to Creativity & Innovation
Innovation Management Frameworks: Your Guide to Creativity & Innovation
 
Innovative Uses of Revit in Urban Planning and Design
Innovative Uses of Revit in Urban Planning and DesignInnovative Uses of Revit in Urban Planning and Design
Innovative Uses of Revit in Urban Planning and Design
 
Best practices for project execution and delivery
Best practices for project execution and deliveryBest practices for project execution and delivery
Best practices for project execution and delivery
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
 
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdfRegistered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
 
4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf
4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf
4 Benefits of Partnering with an OnlyFans Agency for Content Creators.pdf
 
GKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt PresentationGKohler - Retail Scavenger Hunt Presentation
GKohler - Retail Scavenger Hunt Presentation
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
 
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
 

Consolifi blogs

  • 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.