A Profile of Delinquent Consumer Debt
Credit Card Charge-offs
- Major Labels: Visa, MasterCard, Discover
- Private Labels: Sears, Saks
- Source of Credit Cards: Banks - Retail Chain Stores-
- Retail Installment Contracts
- Retail Purchases Involving a Contract: Signature Loans, Home Equity, Automobile
- Source of Retail Installment Contracts: Banks, Finance Companies, Retail Chain Stores, Auto Dealerships
- Student Loans: GSL and Non-GSL, Trade Schools, Colleges/Universities-Business Schools, Technical Training
Medical Receivables
- 80% Insured Third Party Pay
- 20% Private Pay Portion
- Source of Medical Receivables: Hospitals-Clinics-Doctor Offices
Deficiency Balances
- Auto, Real Estate, Installment Contracts
- Source of Deficiency Balances: Banks, Finance Companies
- Legal-Related: Judgments, Dismissed Bankruptcies, Banks, Private Investors, Attorneys/Law Firms, Legal Clinics
Bad Checks
- Insufficient Funds, Closed Accounts
- Source of Bad Checks: Banks- Grocery Stores- Retail Chain Stores
