Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on...
Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...
The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly...
Rising delinquencies among subprime and near-prime borrowers reveal the strain of living paycheck to paycheck. In a spate of earnings reports these past few weeks,...
Trouble may be brewing in the key auto finance sector in the months ahead amid the economic fallout from the coronavirus, despite a drop in...
It was CAN Capital’s ambitious growth plans that led the alternative SME lender to eventually falter, according to a new report from The Wall Street...