consumer finance

Square Financial Services to Service and Originate Cash App Borrow Loans

Square Financial Services to Service and Originate Cash App Borrow Loans
Square Financial Services to Service and Originate Cash App Borrow Loans
March 13, 2025  |  Consumer Finance

Block said Thursday (March 13) that its industrial bank, Square Financial Services (SFS), received approval from the Federal Deposit Insurance Corp. (FDIC) to offer the...

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Subprime Borrowers Seek Strategies to Improve Their Credit Scores
Subprime Borrowers Seek Strategies to Improve Their Credit Scores
March 12, 2025  |  Consumer Finance

The pressures of mounting card debt, still-high interest rates and tightening underwriting threaten to expand the ranks of subprime borrowers — all the while making...

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LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’
LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’
March 11, 2025  |  Earnings

LoanDepot’s fourth quarter earnings, released after the markets closed on Tuesday (March 11) indicated double-digit growth loan originations that took advantage of lower interest rates...

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Who Is the Paycheck-to-Paycheck Consumer in America?
Who Is the Paycheck-to-Paycheck Consumer in America?
March 11, 2025  |  Consumer Finance

A six-figure income, a house in a nice neighborhood, two cars in the garage and kids in private schools — yet still feeling panicked when...

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NY Fed: Consumers Feeling Gloomier About Financial Futures
NY Fed: Consumers Feeling Gloomier About Financial Futures
March 11, 2025  |  Consumer Finance

New data shows growing financial pessimism among Americans, the latest sign of shaky consumer confidence. Get the Full Story Complete the form to unlock this...

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Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
March 10, 2025  |  Consumer Finance

Monday (March 10) marked another bloodletting on Wall Street, another slew of headlines about tariffs and trade wars. And as economic concerns mount, the picture...

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Late Student Loan Borrowers Face 129-Point Credit History Hit
Late Student Loan Borrowers Face 129-Point Credit History Hit
February 27, 2025  |  Loans

There’s a new source of stress facing America’s already-stressed student loan borrowers. Get the Full Story Complete the form to unlock this article and enjoy...

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50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
February 27, 2025  |  Credit Cards

For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit...

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