Where Did Your Raise Go? Debt Takes 52 Cents
Recent US wage gains are being eroded by rising household debt payments. Single-earner households lose 52 cents of every marginal dollar gained to debt service.
Economy
Economy
Economy
When Default Becomes Profit: The Debt-Buying Machine
Encore Capital Group’s 2026 financial growth shows how charged-off consumer debt can become a highly profitable asset. The analysis examines portfolio purchases, litigation, default judgments, garnishment and the household distress feeding the debt-buying industry.