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Subprime lender, struggling with debts, gets reprieve from creditors
American Banker via Yahoo Finance· 3 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· 1 month 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· 6 days 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...
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· 1 month 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· 10 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· 6 months agoOneMain Financial, which mainly offers consumer installment loans, is paying $115 million to buy a...
Southfield auto lender accused of predatory deals, setting up buyers to fail
Detroit Free Press via Yahoo News· 1 year agoSouthfield-based Credit Acceptance Corp., which made its mark offering auto loans to those who have...
The high price of desperation: How a $3,000 repair ballooned into a $14,000 debt
USA TODAY via Yahoo Finance· 2 years agoJames Hollis, who lives on Social Security disability and $23 in monthly food stamps, was so afraid...
