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April 28, 2020

Lenders Brace for Impact of Card Delinquencies

Millions of Americans are skipping their credit-card payments as the coronavirus pandemic puts them out of work. Banks and other lenders that for years relied on […]
April 17, 2020

Collection and Workout Strategies in the Coronavirus Era

As the growing impact of COVID-19 becomes clear, Saldutti Law Group is here to assist you with the unprecedented and wide-ranging challenges the COVID-19 outbreak poses […]
April 9, 2020

Huge Spike in Mortgage Loan Forbearance as Payments Stop

The number of U.S. homeowners who have stopped making mortgage payments is surging under the federal government’s new forbearance program, according to a survey from the […]
April 9, 2020

Commercial Mortgages on the Brink of Collapse?

As the spread of the coronavirus upends the economy, forcing restaurants, movie theaters, gyms and offices to close, many businesses across the country likely stopped paying […]
April 9, 2020

The Coronavirus Crisis is Upending Auto Lending

During the last financial crisis, U.S. consumers proved surprisingly resilient in making their monthly car payments because they needed vehicles to get to and from work.  […]
April 9, 2020

Shutdowns Have Wiped Out 29% of U.S. Economy

More than a quarter of the U.S. economy has ground to a halt in recent weeks as the coronavirus pandemic shutters nonessential businesses and generates millions of […]
April 6, 2020

Consumer Expectations Deteriorate in March

Americans increasingly were worried about losing their jobs and expected to curb their growth in spending in the wake of the coronavirus outbreak, a March survey […]
April 6, 2020

Visa Sees Sharp Decline in Consumer Spending – Even Online

Visa once again lowered its outlook for revenue growth in the fiscal second quarter, saying the coronavirus pandemic has led to a sharp decline in cardholders’ […]
March 23, 2020

A Message to Our Clients

We hope this note finds you and your families safe and healthy during this time of turmoil and uncertainty.  Throughout the world, society is taking unprecedented measures […]