A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.

Banks raise consumer loan rates to at least 3% Top lenders have warned of growing personal bad loans Higher rates could deter China's consumption push, analysts warn BEIJING, April 1 (Reuters) - Some ...

BEIJING (Reuters) -Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented lows, a move that is ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...

J.D. Power 2025 U.S. Consumer Lending Satisfaction Study “The primary purpose of a consumer loan is to be a financial management tool, to help solve challenges customers are having with revolving ...

Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Click to email a link to a friend (Opens in new window) Click to print (Opens in new window) An old adage ...

If you have federal student loans, there are some big changes you need to know about. Interest has started up again for millions of borrowers, and for many, the first step is just figuring out where ...

The Zacks Consumer Loans industry continues to witness weakening asset quality. Also, though the Federal Reserve has started ...

Falling interest rates and easing lending standards are brightening the outlook for the Zacks Consumer Loans industry. The Federal Reserve’s interest rate cuts and signs of decent economic growth are ...