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 ...
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Consumer Portfolio Services Highlights AI in Loan Strategy
Consumer Portfolio Services ( ($CPSS) ) just unveiled an update. Consumer Portfolio Services has released an updated investor presentation, ...
Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer ...
Delinquency rates on consumer loans last month hit their highest level since the spring of 2020, a potential sign that inflation and rising interest rates are taking a toll on household finances.
More than $1 billion raised across all funding sources in April, with attractive execution in ABS transactions 9th consecutive AAA-Rated Personal Loan ABS transaction was oversubscribed with 32 unique ...
The Zacks Consumer Loans industry continues to witness weakening asset quality. Also, though the Federal Reserve has started lowering rates, prospects of significant interest rate cuts are less on ...
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