The 2008 financial crisis served as a stark reminder of how unchecked lending practices can lead to catastrophic economic ...

First we pushed to strengthen lending standards at least that applied to banks for both subprime loans as well as what they call "nontraditional mortgages," which are mortgages that have negative ...

On Monday, Consumer Portfolio Services recapped the success stemming from its decision to partner with SentiLink, a provider ...

OneMain Financial remains a Buy due to its resilience in subprime lending, despite a challenging 2024. The company's strategic moves, including the acquisition of Foursight Capital and the rollout ...

Your borrower risk profile can fall into one of the five following categories: super-prime, prime, near-prime, subprime and deep subprime. Consumers who classify as deep subprime fall into the ...

Subprime lending is making a comeback. TransUnion's Q2 2016 Industry Insights Report, released on Tuesday August 16, found that 10 million new consumers have entered the credit card marketplace in ...

Since lenders view your credit score as an assessment of the level of risk associated with lending to you, they may want extra reassurance that they’ll receive payment. If you have a subprime ...

A subprime mortgage might be an option for a low-credit score borrower who can’t qualify for a conventional mortgage. There are laws in place to protect subprime borrowers from many of the risks ...

“Predatory lending practices like this led to the 2008 ... “and you bet players like subprime auto lenders know that.” At least two states now appear to be scrutinizing Exeter.

Excesses spike in post-pandemic inflation and an uneven recovery that bypassed working-class families has aggravated the challenge ...

Don’t take the bait when predatory lenders try to reel you in. Recognizing and avoiding these scams can save you many ...