Now around for about a decade, pay-advance apps enable users to access relatively small amounts of cash before their paycheck ...

While a lender owns your loan, a mortgage servicer owns the mortgage servicing rights and handles loan management tasks ...

Consumer Portfolio Services ( ($CPSS) ) just unveiled an update. Consumer Portfolio Services has released an updated investor presentation, ...

At question were consumer loans that nonbank lenders were issuing through banks chartered in other states with no caps or very high caps on interest rates.

Beijing began reining in what it described as "disorderly expansion" by internet platforms in 2020 by pulling the IPO of Alibaba-affiliated Ant Group, followed by business restructuring orders and ...

China's internet platforms are quietly reviving consumer lending, taking Beijing's push to make household borrowing cheaper as a signal that regulators may be easing a years-long crackdown on the ...

Delinquency rates grew in September, hitting levels not seen since before the COVID-19 pandemic. Many consumers were able to manage their debt during the pandemic, as spending slowed and stimulus ...