Credit card late payments fell but auto, home and personal loans all saw delinquencies rise in Q3

It’s prudent for lenders to prepare for a recession and adjust lending practices in order to continue to thrive

Today’s environment is especially challenging

These loans are equivalent to legal loan sharking

How can credit scores be so good when a downturn is increasingly likely?

There is a solution that can make sense for the lender and the taxpayer called an “income share agreement.”

It would be the third consecutive rate cut

Even if people do not have banking history, they do have an online footprint

A handful of non-U.S. enterprises have commenced Chapter 11 bankruptcy cases despite having no operations or meaningful assets located in the United States

While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation