(source: lendingtree.com)
Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock. The Indian FinTech had announced earlier...
Buy now, pay later (BNPL) company Affirm continues to see demand from investors, reportedly defying earlier concerns about rising interest rates affecting all BNPL lenders. Unlike traditional...
Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey...
LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the...
Goldman Sachs’ retreat from Main Street banking continues — and the second quarter results showed the lingering impact. While Wall Street may be parsing the...
America’s biggest banks are downplaying a massive spike in write-offs of bad consumer loans. As Bloomberg News reported Tuesday (April 18), the four largest banks...
For Synchrony Financial, consumer spending volumes remain robust, receivables increased — and loans past due are on the rise. As the largest provider of private...
The growth of business and consumer lending in the eurozone slowed in November. According to the latest figures from the European Central Bank (ECB) published...
As the coronavirus took hold of the economy, banks in the U.S. tightened standards on loans for both companies and individuals, according to the April...