Consumer Debt


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Consumer Debt

The debt individuals use to purchase consumer goods. In macroeconomics, consumer debt is used for individual purchase rather than investment. A common example of consumer debt is the balance on a credit card.
References in periodicals archive ?
Their great concern about making consumer debt payments, and their growing interest in paying down these debts, help explain why more Americans plan to spend less this holiday season than last year," said CFA Executive Director Stephen Brobeck.
Debt Resolve provides lenders, collection agencies, debt buyers and utilities a patented online bidding system for the resolution and settlement of consumer debt which can be used at all stages of collection and recovery.
These features provide significant benefits to buyers, sellers and collectors of distressed consumer debt.
FDR CEO Andrew Housser agreed, although he cautioned that declining consumer debt does not necessarily signal that people have become financially enlightened.
The number of people contacting Citizens Advice with credit card and consumer debt problems has almost doubled in the past seven years and is now reaching crisis levels, the charity warned yesterday.
For a family with a lot of bills, it makes sense to pay them off because consumer debt is not tax deductible while equity debt is.
6, 2013 /PRNewswire-USNewswire/ -- ACA International, the largest trade group for the consumer debt collection industry, today responds to the announcement by the Consumer Financial Protection Bureau of an advanced notice of proposed rulemaking(ANPR) regarding debt collection and the release of debt collection complaint data.
However, growing consumer debt is a poor proxy for the financial status of families.
15 in consumer debt during September 2009, saving $13,404,866 on 3,936 client accounts at a 42.
10, 2013 /PRNewswire-USNewswire/ -- ACA International , the largest trade group for the consumer debt collection industry, today responds to a report issued by the National Consumer Law Center titled: "No Fresh Start - How States Let Debt Collectors Push Families into Poverty.
Bankruptcy may be driven by consumer debt, but who are the people lending them the money?

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