With inflation rapidly climbing, it's not surprising that many people are unable to stay current with their bills.  This is especially true of "subprime" borrowers, who tend to finance at higher interest rates than folks with better credit scores.  Since the beginning of 2022, default rates on car loans, credit cards, and personal loans are on the rise.  

If you find yourself 2-3 months behind on any of these debts, give me a call today.