The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals ...
Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.
Auto loan delinquencies are at a 14-year-high, due to struggles among Subprime Borrowers with credit scores below 620. Check ...
The UK’s Supreme Court refused to let the Treasury intervene in a landmark court case over controversial car loans, dealing a blow to Chancellor Rachel Reeves who had sought to argue that the suit was ...
Carvana shares soared with rebounding used car sales and renewed credit, projecting 65% upside by 2025. See why we believe ...
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...
But then there’s the recent tale of Atlanta-area data engineer Chris Martin, who traded in his family’s two cars for a Ford ...
The UK Supreme Court on Monday rejected a move by finance minister Rachel Reeves to intervene in a landmark case on car loan ...
Unaffordable car loans and ballooning credit card debt are leading more people to seek debt relief year-round, not just after ...
Deutsche Bank delivered bad news on spending, and investors weren’t happy. Deutsche Bank on Thursday said it’s now targeting a cost-to-income ratio of below 65% this year, versus a previous ...
With the latest sale, the banks - that besides Morgan Stanley includes Bank of America, Barclays, Mitsubishi UFJ, BNP Paribas ...
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...