Consumer debt headlines can be misleading; when adjusted for population, wages, and inflation, debt service remains manageable and below pre-2008 levels. Delinquency rates are rising in credit cards ...
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Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans
The Fed's quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit ...
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Loop company's bid to buy Arizona bank would spike predatory lending, consumer advocacy groups argue
Opportunity Financial is looking to obtain a national bank charter through a $130 million deal to acquire BNCCORP and its subsidiary BNC National Bank, a nationally chartered commercial bank in ...
Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has remained strong, especially in durable goods like autos, it may decelerate going ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...
As the central bank of the U.S., the Federal Reserve, also known as the Fed, holds major sway over the cost of borrowing money. Although it doesn't directly set the interest rates on consumer loans, ...
Key insight: Truist Financial is no longer originating marine and recreational vehicle loans, and it has significantly reduced originations in other books, including indirect auto lending. What's at ...
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