Tag: Lenders

Capital and Risk, Credit

Study of Illinois 36% interest rate cap finds reduced access to credit

January 31, 2023

Via: JD Supra

Over the past few years, numerous states have imposed interest rate caps on consumer credit. In recent blog posts, we discussed the efforts of both Michigan and New Mexico to impose a 36% annual interest rate cap. Last year, Congress […]

Capital and Risk, Credit

Finance Lenders: It’s Time To Pay Your Annual Assessment

October 4, 2022

Via: JD Supra

The California Financing Law requires each licensed lender, broker, and program administrator licensee to pay its pro rata share of all costs and expenses of the administration of the law, as estimated by the Commissioner, for the ensuing year and […]

Capital and Risk, Credit, Liquidity

25% of bonds in the world make lenders pay for the privilege of owning them, chart shows

July 26, 2019

Via: Market Watch

Much has been made of the outcropping of negative yielding bonds across the globe. Some $13 trillion in sovereign debt now bears a negative yield, which means that investors get back less than their original investments for the privilege and […]

Capital and Risk, Credit

Lenders bet on AI for credit scoring

August 1, 2018

Via: Finextra

Banks have to struggle with a lot of risks – from issuing credit to operational challenges, technological troubles to good old fashion fraud. In addition to the risks of yesteryear, modern banks face falling long-term rates, growing fintech competition and […]