Payday loan crackdown spurs talk of what may fill void
Total outstanding student loan debt now dwarfs total credit card debt, and outstanding car loans have increased from $905 billion last year to more than $1 trillion in the first quarter of 2016. Meanwhile, 24% of home loans approved by six of the ...and more »
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May 02,2016
Credit.com News (blog)
Total outstanding student loan debt now dwarfs total credit card debt, and outstanding car loans have increased from $905 billion last year to more than $1 trillion in the first quarter of 2016. Meanwhile, 24% of home loans approved by six of the ...and more »
May 02,2016
Business Wire (press release)
Even as non-current loans continued to fall loans in Q1 2016, net charge-offs tripled to almost 0.5% of total loans. KBRA again notes that the era of virtuous performance of bank credit exposures almost perfectly coincides with the period of credit ...and more »
May 02,2016
Wall Street Journal
America's shadow banking system slowed sharply through the end of June, with the value of bonds backed by personal, corporate and real-estate loans falling $98 billion from the first half of 2015. That drop, which excludes bonds from state-backed ...and more »
May 02,2016
The Detroit News
Yet even consumer advocates who loathe the industry admit it fulfills a need: Providing small amounts of cash quickly to people who can't qualify for credit cards or a bank loan. Roughly 12 million Americans take out a payday loan each year, spending ...
May 02,2016
NerdWallet (blog)
In many ways, Citizens Bank offers a standard student loan refinancing product, which allows you to bundle your individual student loans into a new one with a potentially lower interest rate. You must have strong credit or a co-signer to qualify; you ...
May 02,2016
Hindu Business Line
The Reserve Bank of India has advised banks and financial institutions to submit data on defaulting borrowers from December 2014 onwards to Credit Information Companies (CICs) and not to the RBI. Releasing this information, obtained through a portal ...
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