loans

ICBC Says Loan Checks On Acquisitive Companies Are ‘Normal’

Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
June 15, 2017  |  Investments

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point...

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Credit Card Charge-Offs Reach Highest Rate Since 2009
Credit Card Charge-Offs Reach Highest Rate Since 2009
June 09, 2017  |  Debt

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...

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Today In Data: Credit Scores Up, But Bank Confidence Down
Today In Data: Credit Scores Up, But Bank Confidence Down
May 30, 2017  |  News

The Wall Street Journal reported that American consumers are enjoying improved credit scores as unemployment declines, the economy grows and personal bankruptcies from the recession...

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The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
May 30, 2017  |  CFPB

After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection,...

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Government Pays $1B A Year On Student Loan Debt Collectors
Government Pays $1B A Year On Student Loan Debt Collectors
May 22, 2017  |  Loans

Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student...

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Debt Collection, Made Easier And … Gentler?
Debt Collection, Made Easier And … Gentler?
May 09, 2017  |  Today In Data

Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...

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CFPB Slams Online Lenders
CFPB Slams Online Lenders
April 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed....

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