Category: Credit

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 […]

Capital and Risk, Credit, Products, Retail Banking

Amazon’s newest credit card could be a double-edged sword for people with bad credit

June 10, 2019

Via: Market Watch

Amazon’s newest credit card is designed to appeal to consumers who are looking to improve their credit score. It comes with an unusual structure — and some major caveats. The Amazon Credit Builder card AMZN, +3.38% will function as a […]

Capital and Risk, Credit

Auto loans hit record high, sending borrowers with the best credit to the used market

June 6, 2019


People buying a new vehicle are borrowing more and paying more each month for their auto loan. Experian, which tracks millions of auto loans each month, said the average amount borrowed to buy a new vehicle hit a record $32,187 […]

Capital and Risk, Credit

Here’s one credit-card rewards program that consumers may want to avoid

June 3, 2019

Via: Market Watch

The Petal Visa Card V, -0.21% is geared toward people who have poor or non-existent credit. But a new rewards program launched by the card could end up becoming a roadblock for people looking to improve their credit score, experts […]

Capital and Risk, Credit

Most Americans’ credit scores are rising—how is yours?

May 28, 2019

Via: Market Watch

The average U.S. credit score hit 680 in 2018, up from 675 the year before, the report found. That’s the biggest one-year jump since 2008, but not quite back to the 685 average that year as the 2007-09 recession deepened. […]

Capital and Risk, Credit

77 Percent of Bank Boards Approve Loans. Is That a Mistake?

May 17, 2019

Via: Bank Director

Bank directors face a myriad of expectations from regulators to ensure that their institutions are safe and sound. But there’s one thing directors do that regulators don’t actually ask them to do. “There’s no requirement or even suggestion, that I’m […]

Capital and Risk, Credit, Products, Retail Banking

U.S. Bank Revolutionizes Home Borrowing Experience

May 15, 2019

Via: Yahoo

U.S. Bank welcomes spring with the launch of a comprehensive suite of industry-leading digital tools that will benefit homeowners – simple, smart and secure digital applications for home mortgages, home equity loans and home equity lines of credit, or HELOCs. […]