subprime

Building A Better On-Ramp For Credit Repair
Building A Better On-Ramp For Credit Repair
March 26, 2019  |  Alternative Finances

Self Lender Founder James Garvey never thought he would go into financial services, and certainly never thought financial inclusion would become a personal passion. As 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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Flexxbuy Unveils New Customer Financing Platform
Flexxbuy Unveils New Customer Financing Platform
April 14, 2017  |  Retail

Finding the right financing option for large purchases can be a rough process. From calling various lenders to speaking with family members about possible loans,...

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Dangerous Road Ahead On Auto Loans?
Dangerous Road Ahead On Auto Loans?
February 22, 2017  |  Investments

Insert your own car/road/looming accident analogy here, and then take a look at auto loans. While consumer confidence may be good, the stock market is...

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FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
February 20, 2017  |  Regulation

The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch...

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PACE Loans Starting To Look Like Pre-Crisis Subprime
PACE Loans Starting To Look Like Pre-Crisis Subprime
January 12, 2017  |  Economy

They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Forbes said Wednesday (Jan. 11)...

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Lender Argon Credit Files For Bankruptcy
Lender Argon Credit Files For Bankruptcy
December 27, 2016  |  News

Argon Credit, the Chicago online lender, reportedly filed for bankruptcy protection last week, with negative implications for Ranger Direct Lending Fund of the U.K. According...

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Auto Lenders’ Subprime Delinquencies Climb
Auto Lenders’ Subprime Delinquencies Climb
December 01, 2016  |  Alternative Finances

The Federal Reserve Bank of New York is not quite sounding the alarm bell for auto lenders, but they are certainly trying to draw some attention...

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Credit Card Companies’ Focus On Subprime Increases Rate Of Missed Payments
Credit Card Companies’ Focus On Subprime Increases Rate Of Missed Payments
October 25, 2016  |  Payment Methods

Credit card companies have not been shy when it comes to lending to subprime customers, but according to new data from TransUnion, that strategy is...

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