loans

CFPB Bars Navient From Federal Student Loan Business
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024  |  Regulation

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. Get the Full Story Complete the form to...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....

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NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
September 11, 2024  |  Banking

Small and medium-sized businesses (SMBs) need help with digital transformation and financial management in an uncertain business environment, and community banks and credit unions should...

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Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
September 10, 2024  |  Economy

The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” Get the Full Story Complete the...

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Report: Goldman Sachs Struggles as It Tries to Exit GM Card
Report: Goldman Sachs Struggles as It Tries to Exit GM Card
September 10, 2024  |  Credit Cards

Goldman Sachs this week reported losses related to its Main Street lending business. Get the Full Story Complete the form to unlock this article and...

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Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
September 10, 2024  |  Loans

Regulators have scaled back capital requirements for banks, reducing the holdings that must be on the books to buffer against economic and other shocks. Get...

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MoneyLion and Nova Credit Deliver Cash Flow Data to Lenders
MoneyLion and Nova Credit Deliver Cash Flow Data to Lenders
September 10, 2024  |  Loans

MoneyLion and Nova Credit have partnered to give credit issuers a more comprehensive view of consumers’ financial health and expand consumers’ access to credit. Get...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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Lloyds Calls for Swift End to British Car Loan Investigation
Lloyds Calls for Swift End to British Car Loan Investigation
September 09, 2024  |  Regulation

A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Get the Full Story Complete the form to unlock this...

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