The Consumer Financial Protection Bureau is proposing to weaken fair lending laws by eliminating efforts to combat ...
A new industry report from Celent, commissioned by Zest AI, reveals that financial institutions are accelerating generative AI adoption at an unprecedented pace -- findings that reinforce Zest AI's ...
The stock of a leading blockchain lender is soaring after billionaire Stanley Druckenmiller invested millions into the firm's ...
Banks decide whether to approve or deny a loan based on several factors related to an applicant’s financial situation.
An appeals court's decision will make it harder for consumer-lending-focused fintechs to operate in Colorado. But the impact ...
In this article I use AAII’s A+ Investor Stock Grades to provide insight into three consumer lending stocks. With rising consumer confidence, the potential for interest rate cuts and a stable labor ...
RICHMOND, Va. — Del. Mark Levine recalls receiving a $1,000 loan offer from a company with a 299% interest rate buried deep in the fine print. “As the company compounds daily at this interest rate, ...
At question were consumer loans that nonbank lenders were issuing through banks chartered in other states with no caps or very high caps on interest rates.
Synchrony Financial faces risks from declining consumer credit and a potential economic recession, which should slow loan originations and may increase defaults. Despite slightly elevated delinquency ...
As Klarna grew its traditional interest-bearing loan book, it increased its provision for potential losses to 0.72 per cent ...
China's internet platforms are quietly reviving consumer lending, taking Beijing's push to make household borrowing cheaper ...