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Subprime lender, struggling with debts, gets reprieve from creditors
American Banker via Yahoo Finance· 4 months agoThe consumer lender CURO Group says that its agreement with bondholders gives it a 30-day grace...
What is a subprime mortgage?
Bankrate via AOL· 2 months agoKey takeaways A subprime mortgage might be an option for a low-credit score borrower who can’t qualify for a conventional mortgage. There are laws in...
Lenders Are Seeing a Bottom for Consumers
The Wall Street Journal· 1 month agoMore consumers have been struggling to pay off their debts, and are likely tightening their belts. Federal Reserve data at the end of last year showed...
Zero-down mortgages are back sparking fears of being the new subprime loans which caused the 2008...
The Independent via Yahoo Finance· 7 days agoA new “zero-down” mortgage program has sparked concern of fueling another housing bubble given its...
Subprime Delinquencies Show Pressures of Paycheck-to-Paycheck Life
PYMNTS via Yahoo Finance· 1 year agoRising delinquencies among subprime and near-prime borrowers reveal the strain of living paycheck to...
Who put up Trump's bond? A subprime car loan billionaire who has run afoul of regulators
NBC News via Yahoo Finance· 2 months agoProviding Donald Trump’s $175 million appeal bond when other insurers wouldn’t is business as usual...
Will loan interest rate caps harm financial well-being?
Bankrate via Yahoo Finance· 1 year agoAn expansion to the Military Lending Act (MLA) was implemented in 2015 by the Department of Defense...
Analysis-Fintech lenders tighten lending standards, bolstering debt financing
Reuters via Yahoo Finance· 11 months agoU.S. financial technology companies are tightening their lending standards, a move that has...
OneMain pushes further into auto finance with acquisition
American Banker via Yahoo Finance· 7 months agoOneMain Financial, which mainly offers consumer installment loans, is paying $115 million to buy a...
Zero-down mortgages are making a comeback
CNN Business via Yahoo Finance· 2 weeks agoMany Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment. That massive roadblock is being...