The Canberra Times reported that the biggest cause of bankruptcy among under 25’s in Australia is mobile phone bills.
Bankruptcy and Under 25’s
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Tag Archives: BEBdata
BK & Student Loans
An interesting article on BK and student loans from Steve Rhode’s blog. He says 4 Out of 10 people were able to discharge student loans in bankruptcy — but most never try. Read more here
Errors on Credit Reports Cost Consumers
A recent FTC Bureau of Economics study says that 5% of US Consumers have errors on their credit reports that can hike the cost of credit. Interesting article from NBC here.
USPS Announces 5-Day Delivery
USPMG Pat Donahoe
Other countries such as Canada, Sweden and Australia have reduced their Saturday services with a positive impact.
The bold move raised immediate legal questions in Washington as some lawmakers claim that Congressional approval is required. Earlier attempts to change the current law have been met with objections and delays from Congress driving the USPS to make the change on their own.
Washington’s mandate, imposed solely on the USPS, to pay over $5 billion a year for health benefits to future retirees remains a central point of contention and a driving factor to make radical change.
The decision to end Saturday delivery may be ultimately blocked by an act of Congress however, the announcement moves postal overhaul legislation to the forefront. We’ll keep you posted on the latest as it happens.
BEBdata Calendar QR Code – February 2013
Be sure to scan the QR Code located on your BEBdata Interactive Calendar to see where it takes you! Or you can click here too.
Subprime Lending In Stimulation Mode
Credit card and vehicle financing subprime lending is in a stimulation mode. A recent study showed 25% of risk managers at banks and other financial institutions surveyed expect subprime lending to expand in the next six-months. About 50% of those predict a rise will surface in auto loans which indicates that the market may be loosening.
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2013 Fall & Winter Summit
We meet twice a year to plan ahead! We discuss feedback from our valued clients, determine what new products and services we will offer and review ways to improve our service. Soon we’ll meet in Houston (corporate offices) and plan the Fall & Winter strategy for 2013. Thank you to all of our excellent clients for sharing your feedback and partnering with us!
NADA Feb 9th – 11th
Will we see you at this year’s NADA Convention and Expo? Held in Orlando, Florida; this is the largest international gathering of franchised new vehicle dealers.
BEBdata Calendar QR Code – January 2013
Be sure to scan the QR Code located on your BEBdata Interactive Calendar to see where it takes you! Or you can click here too.