For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...
Some alternative lenders in China have a unique way of mitigating the risk of borrower defaults: attaching a tracking device to borrower vehicles. Reports in...
Exeter Finance, the direct lender that lends money to people with a subprime credit score — as well as other nonbank financial companies — have...
The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...
The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may...
Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...