Interest Rates

AltFin’s Bumpy Ride Into An Uncertain 2019
AltFin’s Bumpy Ride Into An Uncertain 2019
December 28, 2018  |  Alternative Finances

“It was the best of times, it was the worst of times…” -Charles Dickens, A Tale of Two Cities Charles Dickens’ famous starter to A...

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Consumer Credit Default Hits Low For Nov 2018
Consumer Credit Default Hits Low For Nov 2018
December 19, 2018  |  Consumer Finance

New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the...

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Rising Interest Rates Put Dent In Small Bank Deposits
Rising Interest Rates Put Dent In Small Bank Deposits
December 17, 2018  |  Loans

Smaller banks around the country are feeling the pinch as rising interest rates keep earnings static on loans and customers want more interest on their...

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Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems   
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018  |  Economy

Can it happen again? A decade on, with the financial crisis in the rearview mirror, Janet Yellen, former chair of the Federal Reserve, said there...

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Oct. Consumer Credit Logs Fastest Gains In 11 Months
Oct. Consumer Credit Logs Fastest Gains In 11 Months
December 07, 2018  |  Debt

The willingness to take on debt and open wallets, at least here, remains unabated. In the United States, consumer debt gained at its headiest pace...

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Mortgage Applications Rise 2 Pct As Home Loan Costs Fall
Mortgage Applications Rise 2 Pct As Home Loan Costs Fall
December 06, 2018  |  Loans

The Mortgage Bankers Association revealed that U.S. borrowers filed the most mortgage applications for both new purchases and refinancing in nearly two months. The news...

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On Wall Street, Cash Is King For Worried Investors
On Wall Street, Cash Is King For Worried Investors
December 05, 2018  |  Cash

As the saying goes in the investment community, “cash is king.” Generally speaking, the saying is one that applies to cash flow, and where the...

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Merchant Cash Advance Firms In NY AG’s Crosshairs
Merchant Cash Advance Firms In NY AG’s Crosshairs
December 04, 2018  |  Alternative Finances

The NY AG is looking into how state courts are a weapon against small business owners, who sign documents that allow merchant cash advance firms...

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SoFi CEO Says Fed Rate Hikes Not A Threat
SoFi CEO Says Fed Rate Hikes Not A Threat
November 30, 2018  |  Loans

Anthony Noto, CEO of the financial company SoFi, said this week that his company is preparing for a landscape with higher interest rates, and that...

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