consumer finance

LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’

LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’
LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’
March 11, 2025  |  Earnings

LoanDepot’s fourth quarter earnings, released after the markets closed on Tuesday (March 11) indicated double-digit growth loan originations that took advantage of lower interest rates...

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Who Is the Paycheck-to-Paycheck Consumer in America?
Who Is the Paycheck-to-Paycheck Consumer in America?
March 11, 2025  |  Consumer Finance

A six-figure income, a house in a nice neighborhood, two cars in the garage and kids in private schools — yet still feeling panicked when...

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NY Fed: Consumers Feeling Gloomier About Financial Futures
NY Fed: Consumers Feeling Gloomier About Financial Futures
March 11, 2025  |  Consumer Finance

New data shows growing financial pessimism among Americans, the latest sign of shaky consumer confidence. Get the Full Story Complete the form to unlock this...

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Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
March 10, 2025  |  Consumer Finance

Monday (March 10) marked another bloodletting on Wall Street, another slew of headlines about tariffs and trade wars. And as economic concerns mount, the picture...

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Late Student Loan Borrowers Face 129-Point Credit History Hit
Late Student Loan Borrowers Face 129-Point Credit History Hit
February 27, 2025  |  Loans

There’s a new source of stress facing America’s already-stressed student loan borrowers. Get the Full Story Complete the form to unlock this article and enjoy...

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50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
February 27, 2025  |  Credit Cards

For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit...

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Upstart Personal Loans Leap 89% Year Over Year
Upstart Personal Loans Leap 89% Year Over Year
February 11, 2025  |  Consumer Finance

Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality...

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Consumer Borrowing Jumps by Record $40.8 Billion
Consumer Borrowing Jumps by Record $40.8 Billion
February 09, 2025  |  Consumer Finance

U.S. consumer borrowing saw a surprise surge in December, the largest increase on record. Get the Full Story Complete the form to unlock this article...

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