borrowers

Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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China Sees Rise In ‘Auto-Backed’ Small Business Lenders
China Sees Rise In ‘Auto-Backed’ Small Business Lenders
November 28, 2018  |  B2B Payments

Some alternative lenders in China have a unique way of mitigating the risk of borrower defaults: attaching a tracking device to borrower vehicles. Reports in...

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Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers
Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers
April 11, 2018  |  Banking

Exeter Finance, the direct lender that lends money to people with a subprime credit score — as well as other nonbank financial companies — have...

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CFPB’s Change Of Payday Lending’s Heart?
CFPB’s Change Of Payday Lending’s Heart?
August 29, 2017  |  Alternative Finances

The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...

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CFPB Snapshot Highlights Biggest Student Loan Complaints
CFPB Snapshot Highlights Biggest Student Loan Complaints
April 26, 2017  |  Loans

The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may...

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Helping Investors Avoid The Lending Club Trap
Helping Investors Avoid The Lending Club Trap
April 26, 2017  |  Loans

Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...

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