January

Increasing Canadian Consumer Debt Pushes Borrowing Limits Lending growth could slow until borrowers catch up on their payments. Consumer household debt is increasing in Canada and policymakers say the trend could slow lending growth in 2014, according to a recent Canadian Press article.  Interest rates on loans have been low in Canada for years, causing consumers there to borrow at record amounts.......

Student Loan Debt Levels Surpass Other Consumer Borrowing Federal Reserve seeks to provide more data about national trend. Economists with the New York Federal Reserve are monitoring student loan debt trends as the amount of money people owe for their education continues to grow, according to a recentMoneynews article. The Fed economists are researching the trends to determine if high student......

we opened a new “Euregex-country” – address research now for Finland available....

A Minnesota debt buyer accused of charging people as much as 22 percent in bogus interest on old bank overdrafts and fees is the latest target in the state’s crackdown on illegal debt collections. State Attorney General Lori Swanson on Wednesday sued Bradstreet & Associates LLC, claiming the Plymouth-based collections agency added illegal interest on old debts that Wells Fargo......

Hospitals’ Uncompensated Care Costs Increased to $45.9 Billion Jump from $41.1 billion in 2011 to $45.9 billion in marks an 11.7 percent increase in the cost to hospitals for bad debt and charity care. In 2012, the cost to U.S. hospitals for providing uncompensated care, which includes charity care and bad debt, totaled $45.9 billion, according to new data from......

Bankruptcy Filings Declined in 2013 Total filings dropped 13 percent in 2013, with commercial filings decreasing by 24 percent. Bankruptcy filings totaled 1,032,326 nationwide for calendar year 2013, a 13 percent decrease from the 1,186,137 total filings in calendar year 2012, according to data by Epiq Systems Inc. The 988,215 total noncommercial filings during calendar year 2013 represented a 12......

Independent Hospital Alliance Participation Grows Recent reports highlight the growing trend of independent hospitals forming alliances to improve efficiencies, cut costs and compete with larger health systems. Several independent hospitals in the Midwest and Southeast are now part of a growing trend in the United States to join alliances for the purpose of coordinating better patient care and controlling costs.......

Student Loans and Defaults Continue to Rise With banks writing off nearly $14 million in student loans in the first eight months of 2013, The Register-Guard reports on the nation’s growing student loan debt problem.   Source: ACA  ...