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Examples
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Mr. Schneiderman promised to seek "nationwide reforms in the consumer-debt and mortgage markets."
New York Prosecutor to Keep Up Pressure Liz Rappaport 2010
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If you thought "robo-signers," incorrect information, and paper trails riddled with holes were unique to the mortgage crisis, you haven't been following the consumer-debt business.
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David Leuthold , chief executive of Century Negotiations Inc., a North Huntingdon, Pa., consumer-debt settlement firm, says he started having his books audited annually in 2005 to double-check his own bookkeeping, paying about $8,000 an audit.
Audits Add Shine to Firms Angus Loten 2011
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In the U.S., savings rates fell to zero, and consumer-debt levels tripled relative to income.
Where to Put Your Money in 2012 Burton G. Malkiel 2012
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But some borrowers complain that consumer-debt buyers have strong-armed them with threats, tried to collect the wrong amount or sought money from the wrong person.
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If you thought "robo-signers," incorrect information, and paper trails riddled with holes were unique to the mortgage crisis, you haven't been following the consumer-debt business.
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High, and still rising, unemployment; heavy consumer-debt loads and limited corporate-revenue growth still hang over the prospects for corporate earnings, even with all of the monetary and fiscal steroids from governments and central banks.
Fretful Investors Sidelined by Rally Richard Barley 2009
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The NAF processed 214,000 consumer-debt obligation claims in 2006, according to the Minnesota lawsuit.
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The two sides reached a swift settlement on Sunday, with NAF agreeing to stop taking new consumer-debt cases nationwide beginning this Friday.
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The consumer-debt bubble got so high because consumers could take so much out of their homes.
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