Top 5 Reasons Why People Go Bankrupt

AAA

The bankruptcy statistics in America are alarming. The past few decades have seen a dramatic rise in the number of people who are unable to pay off their debts, and Congress has recently addressed the issue with legislation that makes it harder to qualify for this status. Following is a list of the most common causes of bankruptcy in America today.

You May Also Like

Related Articles
  1. Term

    Card-Present Fraud

  2. Term

    Adverse Credit History

  3. Term

    Charge-Off Rate (Credit Card)

  4. Term

    Equal Credit Opportunity Act - ECOA

  5. Term

    Risk-Based Pricing

  6. Term

    Behavior-Based Repricing

  7. Term

    Gift Card

Trading Center