Consumer Credit – ReportWire

Why parents may want to start locking a child’s credit at a very young age

[ad_1] Most parents would take herculean steps to protect their children. But many overlook a relatively simple way to help shore up a child’s financial security:...

Banking7 months ago

CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers

[ad_1] Rohit Chopra, director of the Consumer Financial Protection Bureau, during a House Financial Services Committee hearing on June 13, 2024. Tierney L. Cross/Bloomberg via Getty...

Banking8 months ago

Home equity is near a record high. Tapping it may be tricky due to high interest rate

[ad_1] Cultura Rm Exclusive/twinpix | Image Source | Getty Images Home equity is near all-time highs. But tapping it may be tough due to high interest...

Banking9 months ago

Cash discounts, while still rare, are up over 60% from 2015. Here’s how much you can save

[ad_1] Ryanjlane | E+ | Getty Images Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use...

Banking1 year ago

Banks’ unsecured loans grow despite 30-100 bps capital risk weight hit

[ad_1] About two months after the Reserve Bank of India rolled out higher risk weights for certain segments of consumer credit, private banks have reported a...

Real Estate1 year ago

Paying rent usually won't boost your credit score. Here's what renters need to know to make it count

[ad_1] Luis Alvarez | Digitalvision | Getty Images While rent payments do not traditionally affect your credit, a growing number of so-called rent-reporting services are trying...

World News1 year ago

Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks

[ad_1] Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to...

Banking1 year ago

Zombie firms are filing for bankruptcy as the Fed commits to higher rates

[ad_1] In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...

Banking1 year ago

How the Fed fights zombie firms

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Some firms sustain their businesses by taking on more debt that they...

Banking2 years ago

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

[ad_1] A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel company KBW, notes there’s a...

Banking2 years ago

Use of small-dollar loans is up as inflation, credit crunch stretch wallets

[ad_1] While the inflation trend took a welcome turn in the latest data, many shoppers are still dealing with historically high prices and sticker shock across...

Banking2 years ago

50. SoLo Funds

[ad_1] Founders: Travis Holoway (CEO), Rodney WilliamsLaunched: 2015Headquarters: Los AngelesFunding: $24 millionValuation: $150 millionKey technologies: Decentralized finance (DeFi)Industry: FintechPrevious appearances on Disruptor 50 List: 0 The banking system...

Credit5 years ago

Landmark Management Group Completes CEO Succession

[ad_1] Press Release – updated: Jul 30, 2020 PLANO, Texas, July 30, 2020 (Newswire.com) – Landmark Management Group, a provider of consumer finance solutions, has completed...