Independent thinking for complex markets and current events
Texas is not just dealing with debt, it is sinking in it, and the people in charge act like nothing is wrong. 1 in 3 Texans now has debt in collections. That is not just above the national average, it leaves it in the dust. Across the country, 1 in 5 Americans face collection notices. …
Today, the feds start collecting on 5 million+ defaulted student loan borrowers with collections. We have a 20.5% delinquency rate (90 days+) – highest ever recorded (TransUnion) Tax refunds will be seized through the Treasury Offset Program. Social Security benefits cut by up… — Amanda Goodall (@thejobchick) May 5, 2025 More Than Half of Subprime …
Struggling student loan borrowers can see if they qualify for a deferment or forbearance, experts say. If you’re out of work, you can request an unemployment deferment with your servicer. If you’re dealing with another financial challenge, meanwhile, you may be eligible for an economic hardship deferment. Those who qualify for a hardship deferment include …
If you’re one of the unlucky who gets laid off in this horrible economy, you may want to look into working for a debt collection agency because business is booming for them. According to one of my viewers who works for one, their business has tripled just this year and they’ve also had to double …
Northern MN USPS ‘overwhelmed’ with volume h/t silversides