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Category: Credit


Capital and Risk, Credit

The Federal Reserve wants make it easier to approve personal loans

December 6, 2019

Via: Market Watch

It could become easier for some personal-loan applicants to secure a loan after federal regulators announced this week that they encourage the use of “alternative data” in credit underwriting standards — so long as it’s done responsibly. The Federal Reserve […]


Capital and Risk, Credit

Black student loan borrowers are more likely to struggle repaying their debts — here’s why

November 21, 2019

Via: Market Watch

The country’s $1.5 trillion in student loan debt can weigh heavily on some borrowers, sidetracking plans for home ownership and stunting careers while they pay off loans. That debt is especially burdensome for black borrowers, according to new data from […]


Capital and Risk, Credit, Regulations

Apple Card faces investigation over sexist credit limit claims

November 11, 2019

Via: Finextra

On Friday, David Heinemeier Hansson, a prominent technology entrepreneur, complained to his 355,000 Twitter followers that the Apple Card is “such a fucking sexist program” because its “black box algorithm thinks I deserve 20x the credit limit she [his wife] […]


Capital and Risk, Credit

Mortgage rates fall after increasing for three straight weeks

November 7, 2019

Via: Market Watch

Mortgage rates dropped in the past week after rising in six of the last nine weeks, including most of the month of October. The 30-year fixed-rate mortgage averaged 3.69% during the week ending Nov. 7, down three basis points from […]


Capital and Risk, Credit

After the brokerage commission wars, interest rates may be the next finance battleground

October 22, 2019

Via: CNBC

After shaking up trading commissions, fintech companies are looking at a new Wall Street area to disrupt: interest rates. A wave of fintech companies are now offering a 2% or higher rate, which is more than 20 times the national […]


Capital and Risk, Credit, Liquidity

Trump Economy Faces New Headwind as Interest Rates Fall: Banks Unwilling to Lend

September 3, 2019

Via: TheStreet

Are interest rates now so low that banks are starting to cut back on new loans? Signs are emerging that U.S. lenders might be pulling back, a new potential worry for the U.S. economy, according to a growing number of […]


Capital and Risk, Credit

A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen in the U.S.

August 12, 2019

Via: Market Watch

It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank JYSKY, -20.24%, is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that […]


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

A shocking number of Americans don’t know whether they have credit card debt or not

June 27, 2019

Via: Market Watch

Americans need a credit check. A survey of more than 1,000 adults released this month from U.S. News and World Report reveals that Americans are extremely unaware of their credit card situation. Indeed, when asked “do you have credit card […]


Capital and Risk, Credit, Products, Retail Banking

As Economy Creeps Into Old Age, Amazon’s Bank Bets on Buyers With Bad Credit

June 24, 2019

Via: TheStreet

On the lips of Wall Street analysts, a new expression is taking hold as speculation mounts that the U.S. economy might be slowing down: the “late-cycle” trade. It’s a jargony way of describing a simple concept: Investors can make fast […]