A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for ...
From the industry's perspective, credit card pricing reflects risk. Lowering the ceiling compresses margins on higher-risk borrowers, making those accounts uneconomical. Analysts told Reuters that ...
Snapdocs and MeridianLink launch integration for digital home equity closings, enabling mortgage lenders to complete digital ...
BEIJING (Reuters) -Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented lows, a move that is ...
Alternative asset manager TPG Inc. is sharply increasing the amount of loans it will buy from OneMain Holdings Inc. as private credit firms build their presence in the consumer-finance space ...
The Federal Competition and Consumer Protection Commission (FCCPC) has insisted that the Digital, Electronic, Online or ...
A proposed one-year cap on credit card interest rates backed by President Donald Trump could reduce borrowing costs for some ...