loans

Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
June 15, 2017  |  Investments

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point...

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Credit Card Charge-Offs Reach Highest Rate Since 2009
Credit Card Charge-Offs Reach Highest Rate Since 2009
June 09, 2017  |  Debt

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...

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Today In Data: Credit Scores Up, But Bank Confidence Down
Today In Data: Credit Scores Up, But Bank Confidence Down
May 30, 2017  |  News

The Wall Street Journal reported that American consumers are enjoying improved credit scores as unemployment declines, the economy grows and personal bankruptcies from the recession...

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The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
May 30, 2017  |  CFPB

After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection,...

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Government Pays $1B A Year On Student Loan Debt Collectors
Government Pays $1B A Year On Student Loan Debt Collectors
May 22, 2017  |  Loans

Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student...

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Debt Collection, Made Easier And … Gentler?
Debt Collection, Made Easier And … Gentler?
May 09, 2017  |  Data Drivers

Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...

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CFPB Slams Online Lenders
CFPB Slams Online Lenders
April 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed....

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nCino Makes It Easier For Small Businesses To Access Funding
nCino Makes It Easier For Small Businesses To Access Funding
April 26, 2017  |  Payment Methods

nCino, the cloud banking company, announced Tuesday (April 25) it has broadened the scope of its Bank Operating System to provide financial firms with a...

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UBS Finds Loan Defaults May Loom Among Young and Wealthy
UBS Finds Loan Defaults May Loom Among Young and Wealthy
April 14, 2017  |  News

Defaults on subprime auto loans and other types of credit may be poised to jump higher — and the profile of the defaulting borrowers may...

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