What experts are calling the next potential credit crisis surrounds a trend where American consumers are entering into larger automobile loans for longer terms.

Under the Fair Debt Collection Practices Act, a debt collector may call third parties to verify addresses of a debtor. The debt collector may not discuss your or their collection attempts with the third party.
Debt collectors typically try to call relatives, employers, or neighbors in an attempt to collect their debt. [...]

The lead article in the December 3, 2007, Business Week entitled Fresh Pain for the Uninsured describes a growing trend in which finance companies team up with medical providers to steer uninsured and underinsured patients into credit-card style repayment plans as part of the admissions process.
The hospital or other health care provider gets paid up [...]

The credit industry’s aggressive improvident lending is starting to reap the same brambles we saw with the subprime mortgage industry.  Let’s punish the lenders of easy credit is the title of a recent article by Liz Pulliam Williams on MSN money.  Jill Michaux in her article on bankruptcy reform legislation   and Kurt O’Keefe in another article about [...]

As predicted by many, credit card debt default continues to grow.
The latest figures show credit card debt defaults booming.
There is no sign people will stop charging for Christmas gifts and other holiday expenses.
Bankruptcy filings typically rise when the holiday bills arrive, and cannot be paid.