Consumer debt headlines can be misleading; when adjusted for population, wages, and inflation, debt service remains manageable and below pre-2008 levels. Delinquency rates are rising in credit cards ...
Castlelake LP agreed to acquire as much as $2.5B of consumer loans from fintech firm Pagaya Technologies (NASDAQ:PGY), it said on Monday. The company will purchase the loans over a 16-month period ...
The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.
“The primary purpose of a consumer loan is to be a financial management tool, to help solve challenges customers are having with revolving credit card debt or unforeseen expenses,” said Bruce Gehrke, ...
China has extended a government-backed interest rate subsidy program for consumer loans through the end of this year and ...
ROCHESTER, N.Y. – President Donald Trump has reversed a decision that could impact hundreds of thousands of Americans who defaulted on student loans. Initially, the Trump administration warned that ...
India, Jan. 4 -- India's retail lending market is changing fast, and honestly, NBFCs are leaving banks in the dust when it comes to personal and consumer loans. In FY25, NBFCs reported 20 percent ...