Advance America is one of the payday lending companies that have donated to the campaigns of sponsors of the Protecting Consumers' Access to Credit Act of 2017... READ MORE›
Today, more than half of new car loans are for seven years or longer, according to automotive research firm J.D... READ MORE›
Micro-lending in China typically refers to cash loans of up to 3,000 yuan (US$452) that are obtained via online platforms. These facilitate real-time approval and rapid remittance to borrowers' accounts... READ MORE›
In March last year, the two ministries jointly issued a guiding opinion on increasing financial support to green consumption and automobile loans... READ MORE›
Gross debt-to-GDP reached 220 percent in China, 190 percent in South Korea, 80 percent in Turkey and 65 percent in India... READ MORE›
The drive-in chain, which operates across 45 U.S. states, did not disclose how many store payment systems have been affected... READ MORE›
Instead, Equifax Canada is offering complimentary credit monitoring for a year for those affected... READ MORE›
U.S. fast-food chain operator Sonic Corp said on Tuesday it had been notified of unusual activity regarding credit cards used at its drive-in outlets... READ MORE›
Most economists expect the BoE to raise interest rates to 0.5 percent from 0.25 percent in November... READ MORE›
S P also lowered Hong Kong's credit rating, a move that reflects the strong linkages between the financial hub and mainland China, the firm said... READ MORE›
With few people in China owning credit cards or borrowing money from banks, credit information is scarce... READ MORE›
Just ask the many homeowners who defaulted on their homes after the 2008 mortgage crisis... READ MORE›
A good credit score is more appealing than a nice car, said 58 percent of those surveyed... READ MORE›
People with not-great credit scores have always made up about a fifth of the auto-loan market... READ MORE›
- Olga Milman Alex Roberton, senior director of corporate affairs for Walmart, says TransUnion did it right away, but Equifax didn't... READ MORE›
Drivers with credit scores below 620 now comprise less than 20 percent of new loans, down from almost 30 percent a decade ago... READ MORE›
At least two dozen lenders have tapped the debt market to sell bonds that hold their subprime auto loans over the last few years... READ MORE›
Julie, a single mom of two in Toronto, drew up an invoice addressed to Unappreciative Son for 39,254.17, following an argument with her son, 23-year-old Kevin... READ MORE›
If SunEdison does not perform under these agreements, it could have a material adverse effect on TerraForm Global, TerraForm Global said... READ MORE›
As a result of their cosy oligopoly, Australian banks have become the most profitable in the world, collecting 29 billion in profit this year... READ MORE›
McBride says this is particularly true for variable-rate debts that have large balances, such as adjustable-rate mortgages, student loans and home equity lines of credit... READ MORE›
The average annual percentage rate for a payday loan in Florida is 304 percent... READ MORE›
It also represents a major portion of most Americans' net worth, making net housing wealth a critical element to many families' economic future and security... READ MORE›
Some groups -- for example, the 30 to 49 age group -- are in worse off than others when it comes to credit card debt and savings... READ MORE›
The emails also included information about the borrowers low credit score, high credit score or did not contain credit score information at all... READ MORE›
But despite the uptick in delinquencies in loans, the New York Fed is mostly concerned with those made to subprime borrowers with credit scores under 620... READ MORE›
Data shows the proportion of private investment as a share of total social financing rose from 49.8 in 2012 to 64.2 percent in 2015... READ MORE›
Portales Partners analyst Charles Peabody said Bank of America is late to the auto loans party... READ MORE›
A month after he left, he sold a big chunk of his Credit Acceptance shares for 128 million... READ MORE›
He explained to his viewers that he undertook the surprisingly easy task of starting a debt buying company, Central Asset Recovery Professional, Inc... READ MORE›
It said the covenant violations were waived under the new credit facility with Wilmington Trust... READ MORE›
Saurabh Jhalaria, who heads Incred's SME division, says the company aims to disburse 234 million in new credit by next March... READ MORE›
Check your credit report religiously, keep track of your credit score, and review major accounts daily if possible... READ MORE›
Contact your financial institutions and close or separate all shared accounts, including credit cards, home loans and mortgages... READ MORE›
In contrast, payday loan industry representatives warned that requiring lenders to assessA borrowers' ability to repay would raiseA business costs... READ MORE›
The FPC lacks specific tools to target consumer borrowing, but one option would be to make banks hold more capital to penalize risky lending in general... READ MORE›
Shooter Syed Rizwan Farook took out the loan from Prosper around the middle of last month, according to a source familiar with the matter... READ MORE›
Data shows the proportion of private investment as a share of total social financing rose from 49.8 in 2012 to 64.2 percent in 2015... READ MORE›
Daily Digital News provides public access to an archive of historical news articles from many popular news sources. Daily Digital News provides keyword searchable summaries, and links, to news articles that were originally publically accessible, and all news articles presented on dailydigitalnews.com were initially freely available to the general public. Daily Digital News does not claim any copyright ownership of the aggregated content of this website. Aggregated news content presented on dailydigitalnews.com may be subject to copyright, and the use made here is consistent with the principles of limited use for research and education. Daily Digital News takes advantage of unique web-crawling technologies and algorithms. This includes the use of services provided by Alchemy API (by IBM Watson) as well as other open source technologies. Daily Digital News operates this website on a not for profit basis. No income, revenue, remuneration, or profit of any kind has been made as a result of providing this website to the public. Use of this website is at the user's own discretion. Daily Digital News exercises no control over the use made of this website and accepts no liability to users or resources in relation to the contents of, or use of, or otherwise in connection with this website. Full Terms & Conditions