New data from the Federal Reserve shows that outstanding consumer credit rose by $27.95 billion in November from the previous month, the largest increase in...
December 2017 is something of an anniversary for Americans – though one they probably don’t like to celebrate. Exactly one decade ago, the Great Recession officially...
The Federal Reserve Bank of New York painted a more optimistic picture of U.S. households, saying access to credit has improved at the same time...
PayPal announced Thursday (Nov. 16) that it is selling $6.8 billion in receivables to Synchrony Financial. In a press release, PayPal said it’s selling $6.8...
It was a beat, for Citigroup, but maybe not as clean a beat as investors might have liked, muddied a bit by the latest credit...
Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. In a press release,...
“Finance is pretty broken.” So started Affirm’s Co-Founder and CEO Max Levchin’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San...
Credit, and the consumer’s relationship with it, has changed rather dramatically over time. But those changes can only be seen if one takes a big...
F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know...