Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one...
For most of the history of financial services, credit functioned as a blunt instrument. A bank extended a line, a customer drew on it and...
Loan repayment histories, credit card balances and outstanding obligations have traditionally shaped most underwriting decisions. That approach is beginning to widen as lenders search for...
Institutional investors are reportedly pumping billions of dollars into private credit funds. Get the Full Story Complete the form to unlock this article and enjoy...
The House Financial Services Committee on Tuesday (June 30) advanced a package of legislation that would give banks greater flexibility to combat payments fraud, expand...
The way lenders decide who gets credit and on what terms is changing. Get the Full Story Complete the form to unlock this article and...
For decades, lenders have treated employment as a proxy for stability. But more Americans are piecing together income from hourly work, contract jobs, commissions and...
The worlds of private credit and buy now, pay later (BNPL) loans are increasingly interlinked. Get the Full Story Complete the form to unlock this...