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