In a significant sign of shifting confidence within the financial sector, financial institutions in Nigeria reported an increased availability of credit ...
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Unsecured loans, corporate lending records higher default rates —CBN survey
Nigeria’s credit market is facing renewed strains as unsecured and corporate loans across all business segments recorded higher default rates in the third quarter of 2025, according to the Central ...
Since the GFC, these lenders have provided funds to borrowers unable to access the debt offered by banks or credit unions.
NPR's Ayesha Rascoe talks to Bankrate analyst Ted Rossman about consumer spending and debt, and what it tells us about the ...
But when it comes to borrowing, many are understandably cautious. And with good reason: taking on debt can either move you forward or set you back, depending on how and why you borrow. ALSO READ: Why ...
A new study reveals that most U.S. home buyers are overpaying mortgage fees, a market totaling more than $13 billion a year.
China has unveiled a policy granting interest subsidies for consumer loans for a year, in a bid to cut household borrowing costs, stimulate spending, and accelerate economic growth by aligning fiscal ...
In November 2024, the FTC filed a complaint against the Company and its founder alleging that the Company deceptively advertised that it was able ...
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.
Predatory lenders often take part in schemes that enable them to circumvent state lending laws and charge borrowers sky-high ...
"Banks focused on consumer loans this year because corporate demand remained low," said Md Arup Haider, deputy managing director and head of retail banking at City Bank. He noted that the bank's ...
An appeals court's decision will make it harder for consumer-lending-focused fintechs to operate in Colorado. But the impact ...
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