Consumer Debt

LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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How The New FICO Will Change The Credit Landscape For Borrowers
How The New FICO Will Change The Credit Landscape For Borrowers
October 24, 2018  |  Consumer Finance

After years of focusing nearly entirely on a consumer’s payment history, FICO has announced that as of 2019 it will be rolling out a new...

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Goldman Tightens Marcus Lending Reins
Goldman Tightens Marcus Lending Reins
October 08, 2018  |  Loans

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data....

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Fed Rate Hike Hits Consumer Confidence
Fed Rate Hike Hits Consumer Confidence
October 01, 2018  |  Loans

Last week brought a confluence of economic headlines that are slated to hit the consumer right where it hurts: the wallet – and perhaps the...

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Fraudsters Accused In $364M Ponzi Debt Scheme
Fraudsters Accused In $364M Ponzi Debt Scheme
September 20, 2018  |  Legal

Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme. According to Reuters, the men — Kevin Merrill of Maryland, 53,...

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A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Invention can become necessity. And in lending, with the financial crisis in the rearview mirror, a decade on, invention...

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UK Debt Advice Providers Lack Funding To Keep Up With Demand
UK Debt Advice Providers Lack Funding To Keep Up With Demand
August 27, 2018  |  Europe

As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers of debt advice...

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The Concerning Creep In Consumer Debt
The Concerning Creep In Consumer Debt
August 21, 2018  |  Economy

U.S. consumer debt has been on the rise for the last year and hit $13.29 trillion during the quarter ending in June, according to the...

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How Much Can Technology Improve Healthcare Payments?
How Much Can Technology Improve Healthcare Payments?
May 25, 2018  |  Healthcare

Among the latest hopes for healthcare payments is blockchain. Touted by observers and industry players as one of the top trends that could impact medical...

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