VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry “contained a number of faulty statements.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Two weeks into the official Trump administration, the first jobs report debuted. The data was mixed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Following its most recent two-day meeting in Washington, D.C., this week, the Federal Open Market Committee (FMOC) decided to leave interest rates unchanged. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Zopa, the U.K.’s oldest marketplace lender, announced on Monday (Jan. 30) that it has become the first peer-to-peer lending platform to reach a $2.5 billion origination threshold, while also giving investors some insight into its borrowers and its plans for the future. According to Business Insider,...
The United States saw a slowdown in its economic growth, as measured by the fourth quarter, coming in at a 1.9 percent rate, The Wall Street Journal reported Friday (Jan. 27). That’s a marked deceleration from the 3.5 percent rate seen in the third quarter....
The Consumer Financial Protection Bureau (CFPB) announced yesterday (Jan. 18) that it has filed suit against Navient, the largest servicer of federal and private student loans in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Talking down the dollar seems a new strategy for a new administration. Here’s what a weaker dollar may mean on stages large and small, from the macro to the micro level.
Ask any engaged couple, and they’ll tell you that “putting a ring on it” is sometimes about the headaches causing a ringing between the ears. They’ll spout off a list of to-dos from the wedding planning, to the showers, to the honeymoon and — let’s not forget —...
There is much speculation for how the U.S.’ economic health will temper in 2017. While some say it’s looking up to be a solid year with consumer confidence up and Americans optimistic about their future credit journey, others see concern as the 2016 year comes...