With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...
Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in...
In a bid to prop up his trading firm Alameda Research, Sam Bankman-Fried reportedly loaned the firm billions of dollars from his FTX platform, including...
When the COVID-19 pandemic struck in 2020, the U.K.’s Financial Conduct Authority (FCA) asked the country’s lenders to offer payment deferrals as a means of...
Shares of AI-lending platform Upstart plunged more than 20% Tuesday (Nov 8) evening after the company said rising interest rates and a slowing economy saw...
The percentage of subprime auto loan borrowers who have fallen behind on payments has risen by more than a percentage point over the last year. ...
New Zealand has joined a growing list of nations creating regulations to protect consumers taking part in the country’s $1.7 billion buy now, pay later...
Despite a legal challenge to its student loan forgiveness program, the federal government is reportedly sending refund checks for student loan payments that borrowers made...