Along with taking an overall look at monthly payments and delinquency, the auto portion of the Q3 2024 Quarterly Credit ...

First we pushed to strengthen lending standards at least that applied to banks for both subprime loans as well as what they call "nontraditional mortgages," which are mortgages that have negative ...

The 2008 financial crisis served as a stark reminder of how unchecked lending practices can lead to catastrophic economic ...

We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage ...

On Monday, Consumer Portfolio Services recapped the success stemming from its decision to partner with SentiLink, a provider ...

OneMain Financial remains a Buy due to its resilience in subprime lending, despite a challenging 2024. The company's strategic moves, including the acquisition of Foursight Capital and the rollout ...

Subprime mortgages created an illusion of affordability ... easing measures to increase the monetary supply and encourage lending until employment levels rose again, and it provided additional ...

Your borrower risk profile can fall into one of the five following categories: super-prime, prime, near-prime, subprime and deep subprime. Consumers who classify as deep subprime fall into the ...

Since lenders view your credit score as an assessment of the level of risk associated with lending to you, they may want extra reassurance that they’ll receive payment. If you have a subprime ...

Subprime lending is making a comeback. TransUnion's Q2 2016 Industry Insights Report, released on Tuesday August 16, found that 10 million new consumers have entered the credit card marketplace in ...

“Predatory lending practices like this led to the 2008 ... “and you bet players like subprime auto lenders know that.” At least two states now appear to be scrutinizing Exeter.

Excesses spike in post-pandemic inflation and an uneven recovery that bypassed working-class families has aggravated the challenge ...