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New Index Tracks Consumer Debt Load.

Mortgage Servicing News

| July 01, 2008 | COPYRIGHT 2008 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Phoenix -- Debt Settlement USA here has launched The Consumer Debt Index, a quarterly statistical analysis that will measure the degree to which American consumers are suffering under an increasing burden of credit card, car payment, home mortgage and other debt.

In the company's first index, for the first quarter of 2008, the index stood at 11.76, up 22% from the second quarter of 2007, the company said. The index is based on a combination of the ...

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Source: HighBeam Research, New Index Tracks Consumer Debt Load.

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