While the strong labor market remains the key pillar supporting the finances of resilient US consumers, major nonmortgage consumer loans have seen delinquencies increase as inflation has taken a toll ...

As banks continue to pare back financing activities, consumer lending is taking up more space in investors’ private credit allocations. With interest rates set to stay higher for longer, is now the ...

The Zacks Consumer Loans industry continues to bear the brunt of high inflation and expectations of economic slowdown. Deteriorating asset quality is a major near-term headwind too. The Zacks Consumer ...

The Zacks Consumer Loans industry continues to bear the brunt of “sticky” inflation and recessionary fears. Deteriorating asset quality as economic growth slows down is a major headwind. The Zacks ...

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an ...

January 17, 2024 - Lenders who make consumer loans secured by personal property or second lien mortgage loans may find that they have unknowingly wandered into a thicket of new requirements. And they ...

The turnaround in consumer credit has been more pronounced for automobile loans than for the broader consumer-loan category this year. The outlook for credit card spending is rosier as inflation has ...

Discover what loan default rates are, how they're calculated, and their role as economic indicators impacting lenders and borrowers. Learn the metrics used for assessment.

Blue Owl Capital has agreed to buy up to $2 billion of consumer installment loans from financial technology lender Upstart Holdings as part of an effort to push into asset-based finance, according to ...

India’s central bank has enforced several measures to cool down high growth in consumer credit in a move that will impact consumer spending and many startups in the South Asian market, industry ...

Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to ...

The Fry's Electronics store in Burbank, California, along with other Fry's outlets, is no more. What's replaced it is surprising. What’s left of Fry’s requires a magnifying glass to see, buried as it ...