subprime

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
December 11, 2024  |  Consumer Insights

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime...

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Building A Better On-Ramp For Credit Repair
Building A Better On-Ramp For Credit Repair
March 26, 2019  |  Alternative Finances

Self Lender Founder James Garvey never thought he would go into financial services, and certainly never thought financial inclusion would become a personal passion. As a...

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UBS Finds Loan Defaults May Loom Among Young and Wealthy
UBS Finds Loan Defaults May Loom Among Young and Wealthy
April 14, 2017  |  News

Defaults on subprime auto loans and other types of credit may be poised to jump higher — and the profile of the defaulting borrowers may...

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Flexxbuy Unveils New Customer Financing Platform
Flexxbuy Unveils New Customer Financing Platform
April 14, 2017  |  Retail

Finding the right financing option for large purchases can be a rough process. From calling various lenders to speaking with family members about possible loans,...

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Dangerous Road Ahead On Auto Loans?
Dangerous Road Ahead On Auto Loans?
February 22, 2017  |  Investments

Insert your own car/road/looming accident analogy here, and then take a look at auto loans. While consumer confidence may be good, the stock market is...

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FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
February 20, 2017  |  Regulation

The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch...

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PACE Loans Starting To Look Like Pre-Crisis Subprime
PACE Loans Starting To Look Like Pre-Crisis Subprime
January 12, 2017  |  Economy

They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Get the Full Story Complete...

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Lender Argon Credit Files For Bankruptcy
Lender Argon Credit Files For Bankruptcy
December 27, 2016  |  News

Argon Credit, the Chicago online lender, reportedly filed for bankruptcy protection last week, with negative implications for Ranger Direct Lending Fund of the U.K. Get...

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Auto Lenders’ Subprime Delinquencies Climb
Auto Lenders’ Subprime Delinquencies Climb
December 01, 2016  |  Alternative Finances

The Federal Reserve Bank of New York is not quite sounding the alarm bell for auto lenders, but they are certainly trying to draw some attention...

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