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 ...
“The primary purpose of a consumer loan is to be a financial management tool, to help solve challenges customers are having with revolving credit card debt or unforeseen expenses,” said Bruce Gehrke, ...
Banks have, on balance, tightened lending standards for commercial and industrial (C&I) loans to firms of all sizes, according to the Senior Loan Officer Opinion Survey results released by the Federal ...