loans

CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’

CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
June 20, 2025  |  Earnings

Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. Get the Full Story Complete the form to...

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Risks Loom as Crypto Collateral Gains Ground in Traditional Lending
Risks Loom as Crypto Collateral Gains Ground in Traditional Lending
June 18, 2025  |  Loans

Crypto, in all of its forms, is poised to move more mainstream, blurring lines between traditional and decentralized finance. Get the Full Story Complete the...

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Vine Financial Secures Seed Funding for AI-Powered Commercial Lending Platform
Vine Financial Secures Seed Funding for AI-Powered Commercial Lending Platform
June 16, 2025  |  Investments

Vine Financial said Monday (June 16) that it secured seed funding for its commercial lending accelerator platform for banks and credit unions. Get the Full...

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Payment Assist Adopts Groov’s Embedded Finance Offering in UK
Payment Assist Adopts Groov’s Embedded Finance Offering in UK
June 13, 2025  |  B2B Payments

Payment Assist is now offering business lending to automotive businesses across the United Kingdom via an embedded finance partnership with Groov. Get the Full Story...

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Tight Credit Market Creates ‘Goldilocks Scenario’ for Alternative Lenders
Tight Credit Market Creates ‘Goldilocks Scenario’ for Alternative Lenders
June 12, 2025  |  Alternative Credit

The traditional credit supply chain is showing signs of strain, leaving millions of consumers seeking alternatives to conventional banking products and opening new avenues for...

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Wells Fargo Expects Consumer Loan Growth to Remain Flat or Slow
Wells Fargo Expects Consumer Loan Growth to Remain Flat or Slow
June 10, 2025  |  Loans

Wells Fargo reportedly expects consumer loan growth in the United States to remain flat or potentially decrease through the end of the year. Get the...

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Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
June 10, 2025  |  Consumer Finance

Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. Get the Full Story...

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CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
June 09, 2025  |  CFPB

A so-called megabill grabbing headlines and making its way through Congress is on track to further alter the Consumer Financial Protection Bureau, an agency already...

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Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
June 06, 2025  |  Economy

The paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned...

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