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How a Debt Collection Agency Can Help Local Businesses Recover From Pandemic Losses

The novel Coronavirus is a serious respiratory illness that unceremoniously ripped through the world’s population, killing an estimated 3.2 million people. This highly contagious disease emerged in December 2019. However, the virus only picked up traction in the United States during March 2020. There have been 32.4 million diagnosed cases… Read More »How a Debt Collection Agency Can Help Local Businesses Recover From Pandemic Losses

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Consumers Expected to Maintain Strong Credit Going into 2020

For the new year, the credit forecast for TransUnion 2020 looks like the credit market will be in good condition. Among other things, TransUnion reports that delinquency rates for car loans, credit cards, mortgages, and unsecured personal loans will decrease or remain stable. US consumers are expected to succeed again in 2020. This has been one of the longest periods of positive sustainable lending in the last few decades. TransUnion (NYSE: TRU) consumer credit estimates for 2020 delinquency rates for car loans, credit cards, mortgages, and unsecured personal loans will decrease or remain more or less the same.