Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card Debt Credit Card Delinquency Flows Step Up Notably Over Past Year, While Delinquency Flows for Other Non-Housing Debt Worsen Modestly August 15, 2017 NEW YORK – The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84... Read More
Agency of Credit Control, Inc. is a finalist for the TORCH Award Encouraging and supporting ethical business practices is a key purpose of the Better Business Bureau. The Torch Award for Marketplace Ethics is the most prestigious award the BBB can present to a business or nonprofit. Being a recipient indicates that the business or nonprofit not only believes in the high standards promoted by... Read More
An emerging trend shows that debt collectors are working hard to assist consumers and help the U.S. economy. For the second year in a row, complaints against debt collectors have dramatically decreased and debt collectors have earned a higher complaint resolution rate than the all-industry rate, according to the Council of Better Business Bureaus. The BBB’s new data indicates that debt collection complaints have dropped... Read More
