November 21, 2019
November 21, 2019
The Federal Reserve’s Senior Loan Officer Opinion Survey showed more demand for consumer credit and mortgages in the third quarter and a softening in demand for […]
September 25, 2019
Auto loan amounts increasd in the second quarter with the average new vehicle loan hit $32,119 (up $1,161 YOY). Average used vehicle loan amounts reached $20,156 […]
June 17, 2019
Citing rising risks among the mortgages it is backing, the Federal Housing Administration announced earlier this year that it was changing some of its lending rules. […]
June 11, 2019
The auto loan has flourished among American consumers over the last two decades, with its prevalence among the U.S. population rising each of the last seven […]
April 15, 2019
April 15, 2019
Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down. According to CoreLogic’s TrueStandings data, at the end of 2018 the […]
February 28, 2019
February 28, 2019
Americans faced record levels of debt at the end of 2018, with the amount owed by households rising for an eighteenth consecutive quarter. According to the […]
February 26, 2019
FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high last […]
November 19, 2018
November 19, 2018
The number of subprime loans originated is increasing with gains across personal loans, credit cards, auto finance, and mortgages. TransUnion’s Industry Insights Report shows that while […]
November 2, 2018
November 2, 2018
Experian, FICO and Finicity announced a new credit scoring model that could expand credit access for millions of Americans. The new model, UltraFICO, would look at […]